Abstract Coronal holes are recognized as the primary sources of heliospheric open magnetic flux (OMF). However, a noticeable gap exists between in situ measured OMF and that derived from remote-sensing observations of the Sun. In this study, we investigate the OMF evolution and its connection to solar structures throughout 2014, with special emphasis on the period from September to October, where a sudden and significant OMF increase was reported. By deriving the OMF evolution at 1 au, modeling it at the source surface, and analyzing solar photospheric data, we provide a comprehensive analysis of the observed phenomenon. First, we establish a strong correlation between the OMF increase and the solar magnetic field derived from a potential-field source-surface model (cc _Pearson = 0.94). Moreover, we find a good correlation between the OMF and the open flux derived from solar coronal holes (cc _Pearson = 0.88), although the coronal holes only contain 14%–32% of the Sun’s total open flux. However, we note that while the OMF evolution correlates with coronal hole open flux, there is no correlation with the coronal hole area evolution (cc _Pearson = 0.0). The temporal increase in OMF correlates with the vanishing remnant magnetic field at the southern pole, caused by poleward flux circulations from the decay of numerous active regions months earlier. Additionally, our analysis suggests a potential link between the OMF enhancement and the concurrent emergence of the largest active region in solar cycle 24. In conclusion, our study provides insights into the strong increase in OMF observed during 2014 September–October.