10, SPRINGFIELD ROAD, OLNEY, MK46 5HN - £426,250

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.

10 SPRINGFIELD ROAD is a large extended detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £529,839. It was last sold for £426,250 in June 2018, which was around 6% below the average June 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

10 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 10 SPRINGFIELD ROAD 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 10 SPRINGFIELD ROAD sales were for below 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
2018 1 JUN	£426,250	£454,878	6% below HPI
2007 22 JAN	£278,000	£283,698	2% below HPI

10 SPRINGFIELD ROAD 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 10 SPRINGFIELD ROAD sales from January 2007 and June 2018 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 January 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 10 SPRINGFIELD ROAD be worth now?

10 SPRINGFIELD ROAD might now be worth an estimated £529,839.

This is based on house price inflation of 24.3%, between June 2018 and February 2025, for 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 24.3% inflationary increase is applied to the most recent sale price for 10 SPRINGFIELD ROAD of £426,250 on 1st June 2018. For the value to have increased from £426,250 to £529,839 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 10 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2018 sale price of £426,250 represented a fair market value for the property.
• The size, condition, and specification of 10 SPRINGFIELD ROAD has not materially changed since June 2018.

How Large is 10 SPRINGFIELD ROAD?

10 SPRINGFIELD ROAD is 146m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses houses in Olney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Olney, and where 10 SPRINGFIELD ROAD lies on this distribution: 74% of detached houses houses are smaller than 10 SPRINGFIELD ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Olney.

10 SPRINGFIELD ROAD: Plot and Title Map

10 SPRINGFIELD ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 10 SPRINGFIELD ROAD, 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 10 SPRINGFIELD ROAD). 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 10 SPRINGFIELD ROAD?

10 SPRINGFIELD ROAD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 10 on SPRINGFIELD ROAD.