17, HOLLOW WOOD, OLNEY, MK46 5LY - £330,000

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.

17 HOLLOW WOOD is a small extended detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £407,708. It was last sold for £330,000 in September 2018, which was around 28% below the average September 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

17 HOLLOW WOOD Sold Prices

Land registry data shows three sales for 17 HOLLOW WOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 17 HOLLOW WOOD 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 28 SEP	£330,000	£457,656	28% below HPI
2005 11 FEB	£250,000	£256,919	3% below HPI
1998 11 DEC	£104,000	£112,056	7% below HPI

17 HOLLOW WOOD 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 three 17 HOLLOW WOOD sales between December 1998 and September 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 February 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 17 HOLLOW WOOD be worth now?

17 HOLLOW WOOD might now be worth an estimated £407,708.

This is based on house price inflation of 23.5%, between September 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 23.5% inflationary increase is applied to the most recent sale price for 17 HOLLOW WOOD of £330,000 on 28th September 2018. For the value to have increased from £330,000 to £407,708 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 HOLLOW WOOD has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 17 HOLLOW WOOD has not materially changed since September 2018.

How Large is 17 HOLLOW WOOD?

17 HOLLOW WOOD is 99m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 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 17 HOLLOW WOOD lies on this distribution: 23% of detached houses houses are smaller than 17 HOLLOW WOOD, and 76% of houses are larger. Note that EPC data is not available for all properties in Olney.

17 HOLLOW WOOD: Plot and Title Map

17 HOLLOW WOOD sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 17 HOLLOW WOOD, 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 17 HOLLOW WOOD). 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 17 HOLLOW WOOD?

17 HOLLOW WOOD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 17 on HOLLOW WOOD.