19, RIVETTS CLOSE, OLNEY, MK46 5PB - £150,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

19 RIVETTS CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £342,114. It was last sold for £150,000 in October 2003, which was around 38% below the average October 2003 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

19 RIVETTS CLOSE Sold Prices

Land registry data shows two sales for 19 RIVETTS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 19 RIVETTS 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
2003 29 OCT	£150,000	£240,874	38% below HPI
1996 19 APR	£40,800	£86,699	53% below HPI

19 RIVETTS 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 two 19 RIVETTS CLOSE sales from April 1996 and October 2003 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 April 1996 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2003 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 19 RIVETTS CLOSE be worth now?

19 RIVETTS CLOSE might now be worth an estimated £342,114.

This is based on house price inflation of 128.1%, between October 2003 and December 2024, for 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 128.1% inflationary increase is applied to the most recent sale price for 19 RIVETTS CLOSE of £150,000 on 29th October 2003. For the value to have increased from £150,000 to £342,114 over the twenty years and ten months to December 2024, the following assumptions must hold true:

• The value of 19 RIVETTS CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2003 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 19 RIVETTS CLOSE has not materially changed since October 2003.

How Large is 19 RIVETTS CLOSE?

19 RIVETTS CLOSE is 76m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses houses in Olney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Olney, and where 19 RIVETTS CLOSE lies on this distribution: 6% of detached houses houses are smaller than 19 RIVETTS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Olney.

19 RIVETTS CLOSE: Plot and Title Map

19 RIVETTS CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 19 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 19 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 19 RIVETTS CLOSE?

19 RIVETTS CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 19 on RIVETTS CLOSE.