11, ANDING CLOSE, OLNEY, MK46 5QL - £49,250

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.

11 ANDING CLOSE is a very small terraced house of 49m², built sometime between 2003 and 2006, which could now be worth an estimated £256,932. It was last sold for £49,250 in July 1999, which was around 7% below the average July 1999 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

11 ANDING CLOSE Sold Prices

Land registry data shows two sales for 11 ANDING CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 11 ANDING 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
1999 16 JUL	£49,250	£53,052	7% below HPI
1995 30 NOV	£38,500	£39,191	2% below HPI

11 ANDING CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 11 ANDING CLOSE sales from November 1995 and July 1999 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 November 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 1999 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 11 ANDING CLOSE be worth now?

11 ANDING CLOSE might now be worth an estimated £256,932.

This is based on house price inflation of 421.7%, between July 1999 and July 2026, for terraced 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 421.7% inflationary increase is applied to the most recent sale price for 11 ANDING CLOSE of £49,250 on 16th July 1999. For the value to have increased from £49,250 to £256,932 over the 27 years to July 2026, the following assumptions must hold true:

• The value of 11 ANDING CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The July 1999 sale price of £49,250 represented a fair market value for the property.
• The size, condition, and specification of 11 ANDING CLOSE has not materially changed since July 1999.

How Large is 11 ANDING CLOSE?

11 ANDING CLOSE is 49m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of terraced houses houses in Olney, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Olney, and where 11 ANDING CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 11 ANDING CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Olney.

11 ANDING CLOSE: Plot and Title Map

11 ANDING CLOSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 11 ANDING 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 11 ANDING 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 11 ANDING CLOSE?

11 ANDING CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 11 on ANDING CLOSE.