4, ANDING CLOSE, OLNEY, MK46 5QL - £156,000

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.

4 ANDING CLOSE is a very small semi-detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £337,540. It was last sold for £156,000 in February 2006, which was around 1% above the average February 2006 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

4 ANDING CLOSE Sold Prices

Land registry data shows three sales for 4 ANDING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the three 4 ANDING CLOSE sales were for above the average price, whilst one was 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
2006 23 FEB	£156,000	£154,671	1% above HPI
1998 7 OCT	£65,000	£60,324	8% above HPI
1996 4 APR	£48,000	£48,921	2% below HPI

4 ANDING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 4 ANDING CLOSE sales between April 1996 and February 2006 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 October 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2006 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 4 ANDING CLOSE be worth now?

4 ANDING CLOSE might now be worth an estimated £337,540.

This is based on house price inflation of 116.4%, between February 2006 and July 2026, for semi-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 116.4% inflationary increase is applied to the most recent sale price for 4 ANDING CLOSE of £156,000 on 23rd February 2006. For the value to have increased from £156,000 to £337,540 over the nineteen years and seven months to July 2026, the following assumptions must hold true:

• The value of 4 ANDING CLOSE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The February 2006 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ANDING CLOSE has not materially changed since February 2006.

How Large is 4 ANDING CLOSE?

4 ANDING CLOSE is 57m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of semi-detached houses houses in Olney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Olney, and where 4 ANDING CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 4 ANDING CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Olney.

4 ANDING CLOSE: Plot and Title Map

4 ANDING CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 4 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 4 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 4 ANDING CLOSE?

4 ANDING CLOSE is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 4 on ANDING CLOSE.