3, Woodpits Lane
3, Woodpits Lane
Description & Estimates
Public records show 3, Woodpits Lane, Olney to be a modern freehold house with 1,561 ft2 of internal area, sitting on a 432 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Woodpits Lane, Olney has an estimated sale value of £556,622 and an estimated rental value of £2,041 per month, assuming reasonable condition and based on the information available.
Woodpits Lane, Olney, MK46 lies within the MK46 postal district.
Our Data Sources
3, Woodpits Lane, Olney has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated July 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Woodpits Lane, Olney would be worth £584,454, with a potential rental value of £2,143 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £517,659, with a rental value of £1,898 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Woodpits Lane, Olney has fallen by £1,470 (0.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £35 (1.7%). The property's estimated gross yield is currently 4.4%.
Plot Size
3, Woodpits Lane, Olney occupies a 432 m2 plot as recorded by HM Land Registry.
All 17 other houses in this postcode have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
3, Woodpits Lane, Olney has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Woodpits Lane, Olney last changed hands on 29th June 2007, selling for £485,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 51.7% since June 2007.
- Sold Jun 2007£485,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of 3, Woodpits Lane, Olney across the last 2 years.
Most recently, 27, Winterbottom Way, Olney, MK46 5GJ, a freehold house, sold at £620,000 on the 16th September 2024.
Read more about house prices in MK46.
- Sold Sep 2024£620,000 | 4 Bed House27, Winterbottom Way, Olney, MK46 5GJ27, Winterbottom Way, Olney, MK46 5GJ
- Sold Jun 2024£581,000 | 4 Bed House53, Limbrey Drive, Olney, MK46 5GE53, Limbrey Drive, Olney, MK46 5GE
- Sold Jan 2024£600,000 | 4 Bed House56, Limbrey Drive, Olney, MK46 5GF56, Limbrey Drive, Olney, MK46 5GF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Woodpits Lane, Olney as the 14th largest and the 14th most expensive of the 17 addresses on Woodpits Lane, Olney, MK46.
Against the MK46 postcode district average, it is £110k more expensive than the typical property.
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Schools Nearby
- 200mOlney Middle School
- 1.0kmOlney Infant Academy
- 3.6kmLavendon School
- 9.4kmE-Act Ousedale School
- 10.9kmWollaston School
- 12.2kmStantonbury School
More reading links
Public Transport Nearby
Wolverton station is the nearest stop to 3, Woodpits Lane, Olney at 12.6 kilometres away.
- 12.6kmWolverton
- 15.0kmMilton Keynes Central
- 15.8kmWellingborough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
