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

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

9 HOLLOW WOOD is a large extended detached house of 147m², built sometime between 1991 and 1995. It was last sold for £585,000 in July 2021, which was around 27% 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	£461,183	27% above HPI
2015 30 OCT	£475,000	£380,182	25% above HPI
2008 4 JUL	£335,000	£292,906	14% above HPI
1997 5 SEP	£153,000	£95,580	60% 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

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 in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 9 HOLLOW WOOD lies on this distribution: 75% of detached 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.