40, LILLY HILL, OLNEY, MK46 5EZ - £636,250

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

40 LILLY HILL is a large extended detached house of 151m², built sometime between 1991 and 1995. It was last sold for £636,250 in October 2022, which was around 22% above the average October 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was B.

40 LILLY HILL Sold Prices

Land registry data shows three sales for 40 LILLY HILL since 1^st 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 40 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 5 OCT	£636,250	£522,914	22% above HPI
2001 16 AUG	£275,000	£165,858	66% above HPI
1999 6 MAY	£194,995	£112,191	74% above HPI

40 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 three 40 LILLY HILL sales between May 1999 and October 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 2001 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the October 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 40 LILLY HILL?

40 LILLY HILL is 151m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 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 40 LILLY HILL lies on this distribution: 78% of detached houses are smaller than 40 LILLY HILL, and 22% of houses are larger. Note that EPC data is not available for all properties in Olney.

40 LILLY HILL: Plot and Title Map

40 LILLY HILL sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 40 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 40 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 40 LILLY HILL?

40 LILLY HILL is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 40 on LILLY HILL.