14, RIVETTS CLOSE, OLNEY, MK46 5PB - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 RIVETTS CLOSE is a very small extended semi-detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £384,141. It was last sold for £365,000 in October 2024, which was around 14% above the average October 2024 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

14 RIVETTS CLOSE Sold Prices

Land registry data shows four sales for 14 RIVETTS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 14 RIVETTS CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 7 OCT	£365,000	£319,967	14% above HPI
2022 16 DEC	£355,000	£323,457	10% above HPI
2018 2 FEB	£292,000	£264,214	11% above HPI
1995 10 MAR	£60,000	£48,021	25% above HPI

14 RIVETTS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 14 RIVETTS CLOSE sales between March 1995 and October 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2022 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2024 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 14 RIVETTS CLOSE be worth now?

14 RIVETTS CLOSE might now be worth an estimated £384,141.

This is based on house price inflation of 5.2%, between October 2024 and February 2025, for semi-detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% inflationary increase is applied to the most recent sale price for 14 RIVETTS CLOSE of £365,000 on 7th October 2024. For the value to have increased from £365,000 to £384,141 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 14 RIVETTS CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The October 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RIVETTS CLOSE has not materially changed since October 2024.

How Large is 14 RIVETTS CLOSE?

14 RIVETTS CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of semi-detached houses houses in Olney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Olney, and where 14 RIVETTS CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 14 RIVETTS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Olney.

14 RIVETTS CLOSE: Plot and Title Map

14 RIVETTS CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 14 RIVETTS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 14 RIVETTS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 14 RIVETTS CLOSE?

14 RIVETTS CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 14 on RIVETTS CLOSE.