18, COLSONS WAY, OLNEY, MK46 5EQ - £535,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 COLSONS WAY is a midsized extended detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £548,972. It was last sold for £535,000 in June 2023, which was about the average June 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

18 COLSONS WAY Sold Prices

Land registry data shows two sales for 18 COLSONS WAY 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 18 COLSONS WAY sales was roughly equal to the average price, whilst the other was for above 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 30 JUN	£535,000	£535,394	Close to HPI
1996 31 MAY	£114,995	£87,474	31% above HPI

18 COLSONS WAY 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 18 COLSONS WAY sales from May 1996 and June 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 May 1996 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 18 COLSONS WAY be worth now?

18 COLSONS WAY might now be worth an estimated £548,972.

This is based on house price inflation of 2.6%, between June 2023 and December 2024, 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 2.6% inflationary increase is applied to the most recent sale price for 18 COLSONS WAY of £535,000 on 30th June 2023. For the value to have increased from £535,000 to £548,972 over the six months to December 2024, the following assumptions must hold true:

• The value of 18 COLSONS WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2023 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 18 COLSONS WAY has not materially changed since June 2023.

How Large is 18 COLSONS WAY?

18 COLSONS WAY is 115m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% 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 18 COLSONS WAY lies on this distribution: 44% of detached houses houses are smaller than 18 COLSONS WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Olney.

18 COLSONS WAY: Plot and Title Map

18 COLSONS WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 18 COLSONS WAY, 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 18 COLSONS WAY). 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 18 COLSONS WAY?

18 COLSONS WAY is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 18 on COLSONS WAY.