7, WHITMEES CLOSE, OLNEY, MK46 5PQ - £472,500

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.

7 WHITMEES CLOSE is a very small extended detached house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £505,463. It was last sold for £472,500 in July 2024, which was around 11% below the average July 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

7 WHITMEES CLOSE Sold Prices

Land registry data shows four sales for 7 WHITMEES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the four 7 WHITMEES 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
2024 16 JUL	£472,500	£528,551	11% below HPI
2020 8 DEC	£425,000	£461,076	8% below HPI
2015 31 JUL	£345,000	£372,320	7% below HPI
2002 27 JUN	£197,050	£192,829	2% above HPI

7 WHITMEES 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 four 7 WHITMEES CLOSE sales between June 2002 and July 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 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 7 WHITMEES CLOSE be worth now?

7 WHITMEES CLOSE might now be worth an estimated £505,463.

This is based on house price inflation of 7%, between July 2024 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 7% inflationary increase is applied to the most recent sale price for 7 WHITMEES CLOSE of £472,500 on 16th July 2024. For the value to have increased from £472,500 to £505,463 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 7 WHITMEES CLOSE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2024 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of 7 WHITMEES CLOSE has not materially changed since July 2024.

How Large is 7 WHITMEES CLOSE?

7 WHITMEES CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% 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 7 WHITMEES CLOSE lies on this distribution: 16% of detached houses houses are smaller than 7 WHITMEES CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Olney.

7 WHITMEES CLOSE: Plot and Title Map

7 WHITMEES CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 7 WHITMEES 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 7 WHITMEES 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 7 WHITMEES CLOSE?

7 WHITMEES CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 7 on WHITMEES CLOSE.