31 Spinney Hill Road, Olney, MK46 5AD is a freehold semi-detached property built between 1983-1990. The property offers approximately 581 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £326,252 , which equates to approximately £561 per square foot. It was last sold on 14 Oct 2022 for £299,995. Since then, the value has increased by £26,257, representing a 8.8% increase, or approximately 2.8% per year.

The current estimated value of £326,252 is:

  • 22.0% lower than the average property price on Spinney Hill Road
  • 10.3% lower than the average in the MK46 5AD postcode area
  • and 39.6% lower than the average price for Olney as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 2 March 2022, the property was recorded as owner-occupied.

View sold house prices in MK46 5AD

Building approximate location

About Property

Type
Semi-Detached Bungalow
Built
1983-1990
Interior Size
581 sq ft
Tenure
Freehold
Price (estimate)
£326,252
Price Per sq ft (estimate)
£561
Bedroom Count (estimate)
1 bedroom

EPC Summary

31 Spinney Hill Road, Olney, Milton Keynes, MK46 5AD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Mar 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Aug 2020, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 52.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from average to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The windows were upgraded from single glazed to fully double glazed.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to MK46 5AD

15 th / 17
Price Rank
10% lower than average
14 th / 14
Size Rank
36% smaller than average
2 nd / 14
Price Per Sq FT Rank
41% higher than average

Compared to other properties in MK46 5AD , this bungalow's estimated value ranks 15th out of 17. Based on price per square foot, it ranks 2nd out of 14 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 14th out of 14 properties in its postcode area.

Sale History

Today
£326,252
streetscan.co.uk estimate
+9 %
14 Oct 2022
£299,995
Leasehold
+57.9 %
5 Feb 2021
£190,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 829 sq ft
sale price: £220,000
sale date: 30 Jun 2015
rooms: 4
size: 904 sq ft
sale price: £166,000
sale date: 23 Jun 2006
rooms: 6
size: 949 sq ft
sale price: £180,000
sale date: 13 Sep 2012
rooms: 4
size: 872 sq ft
sale price: £240,000
sale date: 27 Oct 2017
rooms: 7
size: 1367 sq ft
sale price: £390,000
sale date: 22 Apr 2022

Data Sources

The property at 31 Spinney Hill Road, Olney, MK46 5AD appears two times in the Land Registry records, with the latest transaction recorded on 14 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Mar 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.