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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 BACON HILL is a large detached house of 137m², built sometime between 2003 and 2006, which could now be worth an estimated £609,820. It was last sold for £510,000 in October 2020, which was around 11% 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	£459,450	11% above HPI
2012 9 OCT	£397,500	£297,223	34% above HPI
1996 20 SEP	£138,000	£89,858	54% 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 7 BACON HILL be worth now?

7 BACON HILL might now be worth an estimated £609,820.

This is based on house price inflation of 19.6%, between October 2020 and December 2024, 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 19.6% inflationary increase is applied to the most recent sale price for 7 BACON HILL of £510,000 on 5th October 2020. For the value to have increased from £510,000 to £609,820 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 BACON HILL has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2020 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BACON HILL has not materially changed since October 2020.

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 houses in Olney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Olney, and where 7 BACON HILL lies on this distribution: 64% of detached houses 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.