3, SPRING LANE, OLNEY, MK46 5BN - £341,501

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.

3 SPRING LANE is a very large extended terraced house of 122m², built sometime before 1900, which could now be worth an estimated £397,115. It was last sold for £341,501 in June 2021, which was around 47% above the average June 2021 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was September 2020, where the current energy rating was F, and the potential energy rating was B.

3 SPRING LANE Sold Prices

Land registry data shows one sale for 3 SPRING LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2021 24 JUN	£341,501	£233,020	47% above HPI

What might 3 SPRING LANE be worth now?

3 SPRING LANE might now be worth an estimated £397,115.

This is based on house price inflation of 16.3%, between June 2021 and May 2026, for terraced 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 16.3% inflationary increase is applied to the most recent sale price for 3 SPRING LANE of £341,501 on 24th June 2021. For the value to have increased from £341,501 to £397,115 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 3 SPRING LANE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The June 2021 sale price of £341,501 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRING LANE has not materially changed since June 2021.

How Large is 3 SPRING LANE?

3 SPRING LANE is 122m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of terraced houses in Olney, based on EPC data. The below chart shows the distribution of terraced houses by size in Olney, and where 3 SPRING LANE lies on this distribution: 90% of terraced houses are smaller than 3 SPRING LANE, and 10% of terraced houses are larger. Note that EPC data is not available for all properties in Olney.

3 SPRING LANE: Plot

3 SPRING LANE sits on a plot of roughly 0.035 of an acre, or 142m².

Where is 3 SPRING LANE?

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