14, SPRING LANE, OLNEY, MK46 5HS - £450,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

14 SPRING LANE is a midsized extended semi-detached house of 117m², built sometime between 1950 and 1966. It was last sold for £450,000 in June 2020, which was around 6% above the average June 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

14 SPRING LANE Sold Prices

Land registry data shows two sales for 14 SPRING LANE 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. One of the two 14 SPRING LANE sales was for above the average price, whilst the other was 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
2020 10 JUN	£450,000	£423,780	6% above HPI
1998 29 JAN	£76,000	£99,728	24% below HPI

14 SPRING LANE 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 14 SPRING LANE sales from January 1998 and June 2020 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 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 14 SPRING LANE?

14 SPRING LANE is 117m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 14 SPRING LANE lies on this distribution: 45% of detached houses are smaller than 14 SPRING LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Olney.

14 SPRING LANE: Plot and Title Map

14 SPRING LANE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 14 SPRING LANE, 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 14 SPRING LANE). 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 14 SPRING LANE?

14 SPRING LANE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 14 on SPRING LANE.