7, BACON HILL, OLNEY, MK46 5QJ - £510,000

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

7 BACON HILL is a large detached house of 137m², built sometime between 2003 and 2006. It was last sold for £510,000 in October 2020, which was around 15% above the average October 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was B.

7 BACON HILL Sold Prices

Land registry data shows three sales for 7 BACON 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 7 BACON 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
2020 5 OCT	£510,000	£444,494	15% above HPI
2012 9 OCT	£397,500	£287,548	38% above HPI
1996 20 SEP	£138,000	£86,933	59% above HPI

7 BACON 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 7 BACON HILL sales between September 1996 and October 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 October 2012 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 7 BACON HILL?

7 BACON HILL is 137m² according to the EPC inspection conducted in February 2018. 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 7 BACON HILL lies on this distribution: 65% of detached houses are smaller than 7 BACON HILL, and 35% of houses are larger. Note that EPC data is not available for all properties in Olney.

7 BACON HILL: Plot and Title Map

7 BACON HILL sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 7 BACON 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 7 BACON 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 7 BACON HILL?

7 BACON HILL is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 7 on BACON HILL.