101, SPINNEY HILL ROAD, OLNEY, MK46 5AD - £374,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

101 SPINNEY HILL ROAD is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £374,500 in July 2023, which was around 27% below the average July 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

101 SPINNEY HILL ROAD Sold Prices

Land registry data shows two sales for 101 SPINNEY HILL 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 101 SPINNEY HILL 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
2023 31 JUL	£374,500	£514,319	27% below HPI
2011 25 NOV	£235,000	£281,741	17% below HPI

101 SPINNEY HILL 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 101 SPINNEY HILL ROAD sales from November 2011 and July 2023 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 November 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 101 SPINNEY HILL ROAD?

101 SPINNEY HILL ROAD is 78m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 101 SPINNEY HILL ROAD lies on this distribution: 7% of detached houses are smaller than 101 SPINNEY HILL ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Olney.

101 SPINNEY HILL ROAD: Plot and Title Map

101 SPINNEY HILL ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 101 SPINNEY HILL 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 101 SPINNEY HILL 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 101 SPINNEY HILL ROAD?

101 SPINNEY HILL ROAD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 101 on SPINNEY HILL ROAD.