24, SPRING LANE, OLNEY, MK46 5HT - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 SPRING LANE is a very large extended semi-detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £520,806. It was last sold for £270,000 in August 2012, which was around 58% above the average August 2012 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

24 SPRING LANE Sold Prices

Land registry data shows one sale for 24 SPRING LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 3 AUG	£270,000	£170,545	58% above HPI

What might 24 SPRING LANE be worth now?

24 SPRING LANE might now be worth an estimated £520,806.

This is based on house price inflation of 92.9%, between August 2012 and May 2026, for semi-detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.9% inflationary increase is applied to the most recent sale price for 24 SPRING LANE of £270,000 on 3rd August 2012. For the value to have increased from £270,000 to £520,806 over the fourteen years and three months to May 2026, the following assumptions must hold true:

• The value of 24 SPRING LANE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The August 2012 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPRING LANE has not materially changed since August 2012.

How Large is 24 SPRING LANE?

24 SPRING LANE is 108m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of semi-detached houses in Olney, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Olney, and where 24 SPRING LANE lies on this distribution: 84% of semi-detached houses are smaller than 24 SPRING LANE, and 15% of semi-detached houses are larger. Note that EPC data is not available for all properties in Olney.

24 SPRING LANE: Plot

24 SPRING LANE sits on a plot of roughly 0.076 of an acre, or 309m².

Where is 24 SPRING LANE?

24 SPRING LANE is located in OLNEY, in the MK46 postcode district.