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

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.

101 SPINNEY HILL ROAD is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £398,310. It was last sold for £374,500 in July 2023, which was around 30% 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	£531,625	30% below HPI
2011 25 NOV	£235,000	£291,221	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 101 SPINNEY HILL ROAD be worth now?

101 SPINNEY HILL ROAD might now be worth an estimated £398,310.

This is based on house price inflation of 6.4%, between July 2023 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 6.4% inflationary increase is applied to the most recent sale price for 101 SPINNEY HILL ROAD of £374,500 on 31st July 2023. For the value to have increased from £374,500 to £398,310 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 101 SPINNEY HILL ROAD has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2023 sale price of £374,500 represented a fair market value for the property.
• The size, condition, and specification of 101 SPINNEY HILL ROAD has not materially changed since July 2023.

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 houses in Olney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Olney, and where 101 SPINNEY HILL ROAD lies on this distribution: 7% of detached houses houses are smaller than 101 SPINNEY HILL ROAD, and 93% 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.