2, Spring Lane
2, Spring Lane
Description & Estimates
According to the public record, 2, Spring Lane, Olney is a period house with 1,517 ft2 of internal area and sits on a 1,494 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Spring Lane, Olney is £756,696 and the estimated rental value is £2,384 per month.
Spring Lane, Clifton Reynes, Olney, MK46 is located within the MK46 postal district.
Our Data Sources
2, Spring Lane, Olney has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Spring Lane, Olney is in very good condition we estimate a sale value of £794,531 and a rental value of £2,503 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £703,727 and a rental value of £2,217 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Spring Lane, Olney has moved down by £1,999 (0.3%), while its estimated rental value has increased by £41 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 2, Spring Lane, Olney sits on a plot of 1,494 m2.
We have plot size data on 9 out of 15 other houses in the postcode and 2, Spring Lane, Olney sits on the 3rd largest plot.
Energy Efficiency
2, Spring Lane, Olney has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Jul 2023.
The property is connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spring Lane, Olney within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 48, East Street, Olney, MK46 4DW, a freehold house which sold for £775,000 on the 24th September 2024.
Read more about house prices in MK46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Spring Lane, Clifton Reynes, Olney, MK46 has a total of 90 addresses. According to our analysis of all the public data, 2, Spring Lane, Olney is the 28th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £311k more expensive than the average property in MK46.
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Schools Nearby
- 2.1kmNewton Blossomville Church of England School
- 2.1kmOlney Middle School
- 2.1kmOlney Infant Academy
- 9.0kmE-Act Ousedale School
- 11.0kmLincroft Academy
- 11.4kmSharnbrook Academy
More reading links
Public Transport Nearby
The closest station to 2, Spring Lane, Olney is Wolverton station, which is 12.9 kilometres away.
- 12.9kmWolverton
- 13.8kmKempston Hardwick
- 13.8kmBedford
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
