16, RECTORY ORCHARD, LAVENDON, OLNEY, MK46 4HB - £242,500

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.

16 RECTORY ORCHARD is a very small terraced house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £289,060. It was last sold for £242,500 in September 2020, which was around 9% above the average September 2020 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

16 RECTORY ORCHARD Sold Prices

Land registry data shows two sales for 16 RECTORY ORCHARD 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 16 RECTORY ORCHARD 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
2020 30 SEP	£242,500	£222,599	9% above HPI
1995 31 AUG	£48,000	£39,971	20% above HPI

16 RECTORY ORCHARD 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 16 RECTORY ORCHARD sales from August 1995 and September 2020 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 1995 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 16 RECTORY ORCHARD be worth now?

16 RECTORY ORCHARD might now be worth an estimated £289,060.

This is based on house price inflation of 19.2%, between September 2020 and April 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 19.2% inflationary increase is applied to the most recent sale price for 16 RECTORY ORCHARD of £242,500 on 30th September 2020. For the value to have increased from £242,500 to £289,060 over the six years and five months to April 2026, the following assumptions must hold true:

• The value of 16 RECTORY ORCHARD has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The September 2020 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 16 RECTORY ORCHARD has not materially changed since September 2020.

How Large is 16 RECTORY ORCHARD?

16 RECTORY ORCHARD is 72m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of terraced houses houses in Lavendon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lavendon, and where 16 RECTORY ORCHARD lies on this distribution: 4% of terraced houses houses are smaller than 16 RECTORY ORCHARD, and 96% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

16 RECTORY ORCHARD: Plot and Title Map

16 RECTORY ORCHARD sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 16 RECTORY ORCHARD, 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 RECTORY ORCHARD). 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 RECTORY ORCHARD?

16 RECTORY ORCHARD is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 16 on RECTORY ORCHARD.