7, WOODPITS LANE, OLNEY, MK46 5NE - £615,000

7 WOODPITS LANE is a very large detached house of 191m², built sometime between 2003 and 2006. It was last sold for £615,000 in September 2019, which was around 43% above the average September 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

7 WOODPITS LANE Sold Prices

Land registry data shows three sales for 7 WOODPITS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 7 WOODPITS LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 13 SEP	£615,000	£431,305	43% above HPI
2010 6 AUG	£462,500	£277,995	66% above HPI
2006 20 JUL	£459,995	£262,329	75% above HPI

7 WOODPITS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 7 WOODPITS LANE sales between July 2006 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2010 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the September 2019 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 7 WOODPITS LANE?

7 WOODPITS LANE is 191m² according to the EPC inspection conducted in January 2010. This puts it in the largest 10% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 7 WOODPITS LANE lies on this distribution: 91% of detached houses are smaller than 7 WOODPITS LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Olney.

7 WOODPITS LANE: Plot and Title Map

7 WOODPITS LANE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 7 WOODPITS LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 WOODPITS LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 WOODPITS LANE?

7 WOODPITS LANE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 7 on WOODPITS LANE.