21, RIVETTS CLOSE, OLNEY, MK46 5PB - £235,000

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.

21 RIVETTS CLOSE is a very small terraced house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £337,708. It was last sold for £235,000 in November 2015, which was around 22% above the average November 2015 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

21 RIVETTS CLOSE Sold Prices

Land registry data shows five sales for 21 RIVETTS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the five 21 RIVETTS CLOSE 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
2015 24 NOV	£235,000	£192,593	22% above HPI
2004 29 NOV	£175,000	£128,010	37% above HPI
2001 9 JUL	£122,000	£71,957	70% above HPI
1999 17 SEP	£77,995	£55,287	41% above HPI
1999 2 AUG	£72,000	£54,076	33% above HPI

21 RIVETTS 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 five 21 RIVETTS CLOSE sales between August 1999 and November 2015 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 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 21 RIVETTS CLOSE be worth now?

21 RIVETTS CLOSE might now be worth an estimated £337,708.

This is based on house price inflation of 43.7%, between November 2015 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 43.7% inflationary increase is applied to the most recent sale price for 21 RIVETTS CLOSE of £235,000 on 24th November 2015. For the value to have increased from £235,000 to £337,708 over the eleven years and four months to July 2026, the following assumptions must hold true:

• The value of 21 RIVETTS CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The November 2015 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 21 RIVETTS CLOSE has not materially changed since November 2015.

How Large is 21 RIVETTS CLOSE?

21 RIVETTS CLOSE is 71m² according to the EPC inspection conducted in December 2018. 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 21 RIVETTS CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 21 RIVETTS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Olney.

21 RIVETTS CLOSE: Plot and Title Map

21 RIVETTS CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 21 RIVETTS 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 21 RIVETTS 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 21 RIVETTS CLOSE?

21 RIVETTS CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 21 on RIVETTS CLOSE.