3, LILLY HILL, OLNEY, MK46 5EZ - £580,000

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

3 LILLY HILL is a large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £580,000 in May 2022, which was around 17% above the average May 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

3 LILLY HILL Sold Prices

Land registry data shows two sales for 3 LILLY HILL 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 3 LILLY HILL 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
2022 31 MAY	£580,000	£496,074	17% above HPI
2000 11 AUG	£189,995	£143,765	32% above HPI

3 LILLY HILL 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 3 LILLY HILL sales from August 2000 and May 2022 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 August 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 LILLY HILL?

3 LILLY HILL is 142m² according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 3 LILLY HILL lies on this distribution: 68% of detached houses are smaller than 3 LILLY HILL, and 32% of houses are larger. Note that EPC data is not available for all properties in Olney.

3 LILLY HILL: Plot and Title Map

3 LILLY HILL sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 3 LILLY HILL, 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 3 LILLY HILL). 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 3 LILLY HILL?

3 LILLY HILL is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 3 on LILLY HILL.