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
22 HOLLOW WOOD is a small detached house of 103m², built sometime between 1991 and 1995. It was last sold for £394,950 in March 2016, which was around 3% below the average March 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 22 HOLLOW WOOD since 1st 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 22 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 |
---|---|---|---|
2016 30 MAR | £394,950 | £407,266 | 3% below HPI |
2016 26 FEB | £394,950 | £397,934 | 1% below HPI |
2007 25 OCT | £296,000 | £309,178 | 4% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 22 HOLLOW WOOD sales between October 2007 and March 2016 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 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
22 HOLLOW WOOD is 103m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 22 HOLLOW WOOD lies on this distribution: 30% of detached houses are smaller than 22 HOLLOW WOOD, and 67% of houses are larger. Note that EPC data is not available for all properties in Olney.
22 HOLLOW WOOD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 22 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 22 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.
22 HOLLOW WOOD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 22 on HOLLOW WOOD.