8, COLSONS WAY, OLNEY, MK46 5EQ - £320,000

8 COLSONS WAY is a midsized detached house of 127m², built sometime between 1991 and 1995. It was last sold for £320,000 in May 2011, which was around 20% above the average May 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

8 COLSONS WAY Sold Prices

Land registry data shows two sales for 8 COLSONS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 8 COLSONS WAY 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
2011 20 MAY	£320,000	£267,276	20% above HPI
1995 12 MAY	£115,000	£81,964	40% above HPI

8 COLSONS WAY 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 two 8 COLSONS WAY sales from May 1995 and May 2011 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 May 1995 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2011 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 COLSONS WAY?

8 COLSONS WAY is 127m² according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 8 COLSONS WAY lies on this distribution: 57% of detached houses are smaller than 8 COLSONS WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Olney.

8 COLSONS WAY: Plot and Title Map

8 COLSONS WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 8 COLSONS WAY, 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 8 COLSONS WAY). 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 8 COLSONS WAY?

8 COLSONS WAY is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 8 on COLSONS WAY.