6, PAXTON CLOSE, OLNEY, MK46 5PR - £340,000

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.

6 PAXTON CLOSE is a small detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £624,955. It was last sold for £340,000 in November 2013, which was around 11% above the average November 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

6 PAXTON CLOSE Sold Prices

Land registry data shows two sales for 6 PAXTON 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 6 PAXTON 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
2013 29 NOV	£340,000	£307,613	11% above HPI
2008 10 JUN	£325,000	£300,247	8% above HPI

6 PAXTON 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 6 PAXTON CLOSE sales from June 2008 and November 2013 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 June 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2013 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 6 PAXTON CLOSE be worth now?

6 PAXTON CLOSE might now be worth an estimated £624,955.

This is based on house price inflation of 83.8%, between November 2013 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 83.8% inflationary increase is applied to the most recent sale price for 6 PAXTON CLOSE of £340,000 on 29th November 2013. For the value to have increased from £340,000 to £624,955 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 PAXTON CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2013 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PAXTON CLOSE has not materially changed since November 2013.

How Large is 6 PAXTON CLOSE?

6 PAXTON CLOSE is 107m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% 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 6 PAXTON CLOSE lies on this distribution: 35% of detached houses houses are smaller than 6 PAXTON CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Olney.

6 PAXTON CLOSE: Plot and Title Map

6 PAXTON CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 6 PAXTON 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 6 PAXTON 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 6 PAXTON CLOSE?

6 PAXTON CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 6 on PAXTON CLOSE.