5, COLSONS WAY, OLNEY, MK46 5EQ - £550,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 COLSONS WAY is a very large detached house of 159m², built sometime between 1991 and 1995. It was last sold for £550,000 in November 2020, which was around 23% above the average November 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

5 COLSONS WAY Sold Prices

Land registry data shows four sales for 5 COLSONS WAY 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 5 COLSONS WAY 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
2020 19 NOV	£550,000	£446,439	23% above HPI
2015 25 AUG	£450,000	£367,219	23% above HPI
2003 30 JAN	£282,000	£222,582	27% above HPI
1997 28 JUL	£120,000	£93,887	28% above HPI

5 COLSONS WAY 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 5 COLSONS WAY sales between July 1997 and November 2020 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 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2020 sale, which was also at 23% above the HPI.

How Large is 5 COLSONS WAY?

5 COLSONS WAY is 159m² according to the EPC inspection conducted in February 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 5 COLSONS WAY lies on this distribution: 81% of detached houses are smaller than 5 COLSONS WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Olney.

5 COLSONS WAY: Plot and Title Map

5 COLSONS WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 5 COLSONS WAY, 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 5 COLSONS WAY). 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 5 COLSONS WAY?

5 COLSONS WAY is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 5 on COLSONS WAY.