42, HOLLOW WOOD, OLNEY, MK46 5LZ - £610,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 HOLLOW WOOD is a large extended detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £701,573. It was last sold for £610,000 in September 2021, which was around 24% above the average September 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

42 HOLLOW WOOD Sold Prices

Land registry data shows four sales for 42 HOLLOW WOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 42 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
2021 27 SEP	£610,000	£491,622	24% above HPI
2005 31 MAY	£268,500	£263,264	2% above HPI
2001 19 JUL	£176,000	£164,660	7% above HPI
1996 23 SEP	£97,000	£89,858	8% above HPI

42 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 four 42 HOLLOW WOOD sales between September 1996 and September 2021 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 May 2005 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 42 HOLLOW WOOD be worth now?

42 HOLLOW WOOD might now be worth an estimated £701,573.

This is based on house price inflation of 15%, between September 2021 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 42 HOLLOW WOOD of £610,000 on 27th September 2021. For the value to have increased from £610,000 to £701,573 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 42 HOLLOW WOOD has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2021 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 42 HOLLOW WOOD has not materially changed since September 2021.

How Large is 42 HOLLOW WOOD?

42 HOLLOW WOOD is 137m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses houses in Olney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Olney, and where 42 HOLLOW WOOD lies on this distribution: 64% of detached houses houses are smaller than 42 HOLLOW WOOD, and 35% of houses are larger. Note that EPC data is not available for all properties in Olney.

42 HOLLOW WOOD: Plot and Title Map

42 HOLLOW WOOD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 42 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 42 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 42 HOLLOW WOOD?

42 HOLLOW WOOD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 42 on HOLLOW WOOD.