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According to the public record, 9A, Spring Lane, Olney is a modern freehold house with 1,743 ft2 of internal area and sits on a 597 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 9A, Spring Lane, Olney is £844,375 and the estimated rental value is £2,612 per month.
Spring Lane, Olney, MK46 is located within the MK46 postal district.
9A, Spring Lane, Olney has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated April 2023.
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 9A, Spring Lane, Olney is in very good condition we estimate a sale value of £886,593 and a rental value of £2,743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £785,268 and a rental value of £2,430 per month.
Over the last 12 months the sale value of 9A Spring Lane Olney has decreased by an estimated £271 (0.0%) and its rental value has increased by an estimated £32 per month (1.2%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 9A, Spring Lane, Olney sits on a plot of 597m2.
We have plot size data on 2 out of 4 other houses in the postcode and 9A, Spring Lane, Olney sits on the largest plot.
9A, Spring Lane, Olney has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 9A, Spring Lane, Olney was last sold on 17th August 2023 for £877,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9A, Spring Lane, Olney within a radius of 640 metres over the last 2 years.
The most recent example is 38, Coneygere, Olney, MK46 4AF, a freehold house which sold for £805,000 on the 3rd July 2024.
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, 9A, Spring Lane, Olney is the 10th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £398k more expensive than the average property in MK46.
The closest station to 9A, Spring Lane, Olney is Wolverton station which is 12.0 kilometres away.
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 9A, Spring Lane, Olney, 41.0% of property is privately rented and 34.7% is privately owned outright.
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 9A, Spring Lane, Olney, 18.1% of residents are recorded as possessing school level qualifications and 48.3% 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 9A, 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 9A, Spring Lane, Olney, 1.6% 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 9A, Spring Lane, Olney, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.