4, RABANS CLOSE, OLNEY, MK46 5NG - £440,000

4 RABANS CLOSE is a midsized extended detached house of 128m², built sometime from 2007 onwards. It was last sold for £440,000 in May 2016, which was around 9% above the average May 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

4 RABANS CLOSE Sold Prices

Land registry data shows two sales for 4 RABANS 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 4 RABANS 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
2016 6 MAY	£440,000	£405,509	9% above HPI
2006 31 OCT	£356,000	£270,292	32% above HPI

4 RABANS 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 4 RABANS CLOSE sales from October 2006 and May 2016 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 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 4 RABANS CLOSE?

4 RABANS CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 4 RABANS CLOSE lies on this distribution: 57% of detached houses are smaller than 4 RABANS CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Olney.

4 RABANS CLOSE: Plot and Title Map

4 RABANS CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 4 RABANS 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 RABANS 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 RABANS CLOSE?

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