6, Spring Lane
6, Spring Lane
Description & Estimates
Public records show 6, Spring Lane, Olney to be a mid-century freehold house with 2,098 ft2 of internal area, sitting on a 527 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
6, Spring Lane, Olney has an estimated sale value of £737,493 and an estimated rental value of £2,468 per month, assuming reasonable condition and based on the information available.
Spring Lane, Clifton Reynes, Olney, MK46 lies within the MK46 postal district.
Our Data Sources
6, Spring Lane, Olney has 31 entries in the Land Registry , most recently in April 2020 and a single entry in the EPC database dated June 2013.
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.
Price Range & Condition
In very good condition, we estimate 6, Spring Lane, Olney would be worth £774,368, with a potential rental value of £2,591 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £685,869, with a rental value of £2,295 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 6, Spring Lane, Olney has decreased by £5,546 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £30 (1.2%). The property's estimated gross yield is currently 4.0%.
Plot Size
6, Spring Lane, Olney occupies a 527 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
6, Spring Lane, Olney has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
6, Spring Lane, Olney last changed hands on 14th April 2020, selling for £670,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 3.1% since April 2020.
- Sold Apr 2020£670,000
- Sold Oct 2013£500,000
- Sold May 2006£410,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.9 kilometres of 6, Spring Lane, Olney across the last 2 years.
Most recently, 10, Spring Lane, Olney, MK46 5DS, a freehold house, sold at £830,000 on the 4th April 2023.
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
Our analysis of the public data ranks 6, Spring Lane, Olney as the 14th largest and the 10th most expensive of the 90 addresses on Spring Lane, Clifton Reynes, Olney, MK46.
Against the MK46 postcode district average, it is £291k more expensive than the typical property.
More reading links
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
Wolverton station is the nearest stop to 6, Spring Lane, Olney at 12.9 kilometres away.
- 12.9kmWolverton
- 13.8kmKempston Hardwick
- 13.8kmBedford
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.
