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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 40, Spring Lane, Olney is a modern freehold house with 2,206 ft2 of internal area and sits on a 596 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Spring Lane, Olney is £444,307 and the estimated rental value is £2,179 per month.
Spring Lane, Olney, MK46 is located within the MK46 postal district.
40, Spring Lane, Olney has 21 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated August 2017.
We combine this information with that 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.
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 40, Spring Lane, Olney is in very good condition we estimate a sale value of £466,523 and a rental value of £2,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £413,206 and a rental value of £2,027 per month.
Over the last 12 months the sale value of 40 Spring Lane Olney has decreased by an estimated £1,188 (0.3%) and its rental value has increased by an estimated £22 per month (1.0%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 40, Spring Lane, Olney sits on a plot of 596m2.
We have plot size data on 21 out of 28 other houses in the postcode and 40, Spring Lane, Olney sits on the 4th largest plot.
40, Spring Lane, Olney has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to HM Land Registry, 40, Spring Lane, Olney was last sold on 17th December 2014 for £320,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2014, the market for similar properties has risen 28.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 40, Spring Lane, Olney within a radius of 610 metres over the last 2 years.
The most recent example is 10, Weston Road, Olney, MK46 5BD, a freehold house which sold for £482,500 on the 31st March 2017.
Read more about house prices in MK46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Lane, Olney, MK46 has a total of 73 addresses. According to our analysis of all the public data, 40, Spring Lane, Olney is the largest and the 25th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in MK46.
The closest station to 40, Spring Lane, Olney is Wolverton station which is 11.9 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Spring Lane, Olney, 44.0% of property is privately owned outright and 37.0% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Spring Lane, Olney, 13.5% of residents are recorded as possessing school level qualifications and 41.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Spring Lane, Olney, the average age was 44.5 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Spring Lane, Olney, 1.1% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Spring Lane, Olney, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
