18, Spring Lane
18, Spring Lane
Description & Estimates
18, Spring Lane, Olney appears in the public record as a freehold house sitting on a 428 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,040 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 18, Spring Lane, Olney is £426,768 and its rental estimate is £1,681 per month, given the available information and assuming reasonable condition.
Spring Lane, Clifton Reynes, Olney, MK46 falls within the MK46 postal district.
Our Data Sources
18, Spring Lane, Olney has a single entry in the Land Registry from July 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 18, Spring Lane, Olney, we estimate a market value of £448,107 and a rental value of £1,765 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £396,894 and £1,563 per month respectively.
Recent Market Change
Over the last year, 18, Spring Lane, Olney has seen its estimated sale value move down by £5,151 (1.2%) and its estimated rental value increase by £42 per month (2.5%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 18, Spring Lane, Olney as measuring 428 m2.
That makes it the 9th largest plot in the postcode, where 23 of the 30 other houses have recorded plot data.
Sold Prices
The most recent sale of 18, Spring Lane, Olney completed on 26th July 2010 at £240,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 56.8% over the period since July 2010.
- Sold Jul 2010£240,000
Similar Properties Sold Nearby
Over the past 2 years 177 properties similar to 18, Spring Lane, Olney have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th January 2025, was 5, Long Lane, Olney, MK46 5HL, a freehold house which sold for £448,000.
Read more about house prices in MK46.
- Sold Jan 2025£448,000 | 3 Bed House5, Long Lane, Olney, MK46 5HL5, Long Lane, Olney, MK46 5HL
- Sold Nov 2024£413,000 | 3 Bed House11, West Side Rise, Olney, MK46 5HP11, West Side Rise, Olney, MK46 5HP
- Sold Oct 2018£390,000 | 3 Bed House9, Elmlea Drive, Olney, MK46 5HU9, Elmlea Drive, Olney, MK46 5HU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 90 addresses on Spring Lane, Clifton Reynes, Olney, MK46, 18, Spring Lane, Olney comes out as the 46th largest and the 50th most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the MK46 district.
More reading links
Schools Nearby
- Olney Infant Academy300 m away
- Olney Middle School800 m away
- Lavendon School3.8 km away
- E-Act Ousedale School8.5 km away
- Stantonbury School11.3 km away
- Wollaston School11.8 km away
More reading links
Public Transport Nearby
From 18, Spring Lane, Olney, the nearest station is Wolverton, 11.9 kilometres away.
- Wolverton|11.9 km away
- Milton Keynes Central|14.1 km away
- Kempston Hardwick|15.3 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
