4, KNIGHTS CLOSE, OLNEY, MK46 4JL - £540,000

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.

4 KNIGHTS CLOSE is a midsized detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £574,331. It was last sold for £540,000 in July 2023, which was around 2% above the average July 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

4 KNIGHTS CLOSE Sold Prices

Land registry data shows two sales for 4 KNIGHTS 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 4 KNIGHTS 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
2023 28 JUL	£540,000	£531,625	2% above HPI
2010 19 MAR	£375,000	£271,027	38% above HPI

4 KNIGHTS 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 4 KNIGHTS CLOSE sales from March 2010 and July 2023 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 March 2010 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 4 KNIGHTS CLOSE be worth now?

4 KNIGHTS CLOSE might now be worth an estimated £574,331.

This is based on house price inflation of 6.4%, between July 2023 and February 2025, 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 6.4% inflationary increase is applied to the most recent sale price for 4 KNIGHTS CLOSE of £540,000 on 28th July 2023. For the value to have increased from £540,000 to £574,331 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 4 KNIGHTS CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2023 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 4 KNIGHTS CLOSE has not materially changed since July 2023.

How Large is 4 KNIGHTS CLOSE?

4 KNIGHTS CLOSE is 122m² according to the EPC inspection conducted in November 2022. This puts it in the largest 50% 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 4 KNIGHTS CLOSE lies on this distribution: 50% of detached houses houses are smaller than 4 KNIGHTS CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Olney.

4 KNIGHTS CLOSE: Plot and Title Map

4 KNIGHTS CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 4 KNIGHTS 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 4 KNIGHTS 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 4 KNIGHTS CLOSE?

4 KNIGHTS CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 4 on KNIGHTS CLOSE.