16, ANDING CLOSE, OLNEY, MK46 5QL - £140,000

16 ANDING CLOSE is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £140,000 in November 2002, which was around 34% below the average November 2002 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

16 ANDING CLOSE Sold Prices

Land registry data shows two sales for 16 ANDING 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 16 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
2002 22 NOV	£140,000	£212,453	34% below HPI
1999 13 AUG	£72,500	£118,068	39% below HPI

16 ANDING 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 16 ANDING CLOSE sales from August 1999 and November 2002 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 August 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2002 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 16 ANDING CLOSE?

16 ANDING CLOSE is 65m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 16 ANDING CLOSE lies on this distribution: 2% of detached houses are smaller than 16 ANDING CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Olney.

16 ANDING CLOSE: Plot and Title Map

16 ANDING CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 16 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 16 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 16 ANDING CLOSE?

16 ANDING CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 16 on ANDING CLOSE.