9, SLATEPITS CROFT, OLNEY, MK46 5NF - £540,000

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

9 SLATEPITS CROFT is a midsized detached house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £538,148. It was last sold for £540,000 in November 2022, which was around 2% below the average November 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

9 SLATEPITS CROFT Sold Prices

Land registry data shows two sales for 9 SLATEPITS CROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. One of the two 9 SLATEPITS CROFT sales was for below the average price, whilst the other was 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
2022 7 NOV	£540,000	£551,267	2% below HPI
2006 20 DEC	£343,500	£281,707	22% above HPI

9 SLATEPITS CROFT 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 two 9 SLATEPITS CROFT sales from December 2006 and November 2022 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 December 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 9 SLATEPITS CROFT be worth now?

9 SLATEPITS CROFT might now be worth an estimated £538,148.

This is based on house price deflation of 0.3%, between November 2022 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 0.3% deflationary decrease is applied to the most recent sale price for 9 SLATEPITS CROFT of £540,000 on 7th November 2022. For the value to have decreased from £540,000 to £538,148 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 9 SLATEPITS CROFT has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2022 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SLATEPITS CROFT has not materially changed since November 2022.

How Large is 9 SLATEPITS CROFT?

9 SLATEPITS CROFT is 126m² according to the EPC inspection conducted in July 2022. This puts it in the largest 50% 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 SLATEPITS CROFT lies on this distribution: 53% of detached houses houses are smaller than 9 SLATEPITS CROFT, and 46% of houses are larger. Note that EPC data is not available for all properties in Olney.

9 SLATEPITS CROFT: Plot and Title Map

9 SLATEPITS CROFT sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 9 SLATEPITS CROFT, 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 SLATEPITS CROFT). 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 SLATEPITS CROFT?

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