9, HOLLOW WOOD, OLNEY, MK46 5LY - £585,000

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.

9 HOLLOW WOOD is a large extended detached house of 147m², built sometime between 1991 and 1995, which could now be worth an estimated £693,879. It was last sold for £585,000 in July 2021, which was around 23% above the average July 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was C.

9 HOLLOW WOOD Sold Prices

Land registry data shows four sales for 9 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 9 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 16 JUL	£585,000	£476,701	23% above HPI
2015 30 OCT	£475,000	£392,974	21% above HPI
2008 4 JUL	£335,000	£302,762	11% above HPI
1997 5 SEP	£153,000	£98,796	55% above HPI

9 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 9 HOLLOW WOOD sales between September 1997 and July 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 October 2015 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 9 HOLLOW WOOD be worth now?

9 HOLLOW WOOD might now be worth an estimated £693,879.

This is based on house price inflation of 18.6%, between July 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 18.6% inflationary increase is applied to the most recent sale price for 9 HOLLOW WOOD of £585,000 on 16th July 2021. For the value to have increased from £585,000 to £693,879 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 9 HOLLOW WOOD has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2021 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HOLLOW WOOD has not materially changed since July 2021.

How Large is 9 HOLLOW WOOD?

9 HOLLOW WOOD is 147m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% 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 9 HOLLOW WOOD lies on this distribution: 74% of detached houses houses are smaller than 9 HOLLOW WOOD, and 25% of houses are larger. Note that EPC data is not available for all properties in Olney.

9 HOLLOW WOOD: Plot and Title Map

9 HOLLOW WOOD sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 9 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 9 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 9 HOLLOW WOOD?

9 HOLLOW WOOD is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 9 on HOLLOW WOOD.