23, HOLLOW WOOD, OLNEY, MK46 5LY - £539,000

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

23 HOLLOW WOOD is a very large extended detached house of 155m², built sometime between 1991 and 1995. It was last sold for £539,000 in January 2016, which was around 38% above the average January 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

23 HOLLOW WOOD Sold Prices

Land registry data shows two sales for 23 HOLLOW WOOD 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 23 HOLLOW WOOD sales were 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
2016 15 JAN	£539,000	£390,376	38% above HPI
1995 24 MAR	£140,000	£81,992	71% above HPI

23 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 two 23 HOLLOW WOOD sales from March 1995 and January 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 March 1995 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the January 2016 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 23 HOLLOW WOOD?

23 HOLLOW WOOD is 155m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 23 HOLLOW WOOD lies on this distribution: 80% of detached houses are smaller than 23 HOLLOW WOOD, and 19% of houses are larger. Note that EPC data is not available for all properties in Olney.

23 HOLLOW WOOD: Plot and Title Map

23 HOLLOW WOOD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 23 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 23 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 23 HOLLOW WOOD?

23 HOLLOW WOOD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 23 on HOLLOW WOOD.