6, COLSONS WAY, OLNEY, MK46 5EQ - £310,000

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

6 COLSONS WAY is a large extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £310,000 in October 2002, which was around 49% above the average October 2002 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

6 COLSONS WAY Sold Prices

Land registry data shows three sales for 6 COLSONS WAY 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 6 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
2002 11 OCT	£310,000	£207,419	49% above HPI
1997 30 APR	£147,000	£88,171	67% above HPI
1995 30 JUN	£135,000	£83,156	62% above HPI

6 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 three 6 COLSONS WAY sales between June 1995 and October 2002 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 April 1997 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the October 2002 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 6 COLSONS WAY?

6 COLSONS WAY is 135m², which includes two extensions, according to the EPC inspection conducted in January 2016. 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 6 COLSONS WAY lies on this distribution: 63% of detached houses are smaller than 6 COLSONS WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Olney.

6 COLSONS WAY: Plot and Title Map

6 COLSONS WAY sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 6 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 6 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 6 COLSONS WAY?

6 COLSONS WAY is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 6 on COLSONS WAY.