15, ANDING CLOSE, OLNEY, MK46 5QL - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 ANDING CLOSE is a very small semi-detached house of 65m², built sometime between 1991 and 1995. It was last sold for £325,000 in March 2022, which was around 34% below the average March 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

15 ANDING CLOSE Sold Prices

Land registry data shows five sales for 15 ANDING CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 15 ANDING CLOSE sales were for below 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
2022 21 MAR	£325,000	£493,354	34% below HPI
2019 2 AUG	£274,000	£431,471	36% below HPI
2014 5 SEP	£236,000	£336,919	30% below HPI
2004 28 MAY	£180,000	£240,853	25% below HPI
2002 18 OCT	£147,000	£207,419	29% below HPI

15 ANDING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The five 15 ANDING CLOSE sales between October 2002 and March 2022 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 August 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 15 ANDING CLOSE?

15 ANDING CLOSE is 65m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 15 ANDING CLOSE lies on this distribution: 2% of detached houses are smaller than 15 ANDING CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Olney.

15 ANDING CLOSE: Plot and Title Map

15 ANDING CLOSE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 15 ANDING 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 15 ANDING 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 15 ANDING CLOSE?

15 ANDING CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 15 on ANDING CLOSE.