23, SPRING LANE, OLNEY, MK46 5HT - £310,000

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

23 SPRING LANE is a very large extended semi-detached house of 172m², built sometime between 1930 and 1949. It was last sold for £310,000 in August 2013, which was around 5% above the average August 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

23 SPRING LANE Sold Prices

Land registry data shows two sales for 23 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 23 SPRING LANE sales was for above the average price, whilst the other was roughly equal to 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
2013 8 AUG	£310,000	£294,610	5% above HPI
1996 17 JUN	£84,000	£84,309	Close to HPI

23 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 23 SPRING LANE sales from June 1996 and August 2013 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 June 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2013 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 23 SPRING LANE?

23 SPRING LANE is 172m², which includes two extensions, according to the EPC inspection conducted in October 2012. 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 SPRING LANE lies on this distribution: 87% of detached houses are smaller than 23 SPRING LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Olney.

23 SPRING LANE: Plot and Title Map

23 SPRING LANE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 23 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 23 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 23 SPRING LANE?

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