1, GRAVETT, OLNEY, MK46 5GA - £449,000

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.

1 GRAVETT is a small detached house of 103m², built in 2021, which could now be worth an estimated £459,550. It was last sold for £449,000 in December 2024, which was around 18% below the average December 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was A.

1 GRAVETT Sold Prices

Land registry data shows two sales for 1 GRAVETT 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 1 GRAVETT 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 13 DEC	£449,000	£546,403	18% below HPI
2021 17 DEC	£465,000	£499,376	7% below HPI

1 GRAVETT 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 1 GRAVETT sales from December 2021 and December 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 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 GRAVETT be worth now?

1 GRAVETT might now be worth an estimated £459,550.

This is based on house price inflation of 2.3%, between December 2024 and July 2026, 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 2.3% inflationary increase is applied to the most recent sale price for 1 GRAVETT of £449,000 on 13th December 2024. For the value to have increased from £449,000 to £459,550 over the two years and five months to July 2026, the following assumptions must hold true:

• The value of 1 GRAVETT has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The December 2024 sale price of £449,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRAVETT has not materially changed since December 2024.

How Large is 1 GRAVETT?

1 GRAVETT is 103m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% 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 1 GRAVETT lies on this distribution: 28% of detached houses houses are smaller than 1 GRAVETT, and 69% of houses are larger. Note that EPC data is not available for all properties in Olney.

1 GRAVETT: Plot and Title Map

1 GRAVETT sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 1 GRAVETT, 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 1 GRAVETT). 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 1 GRAVETT?

1 GRAVETT is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 1 on GRAVETT.