Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 FERNLEA CLOSE is a very small extended detached house of 92m², built sometime between 1991 and 1995. It was last sold for £490,000 in July 2017, which was around 31% below the average July 2017 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1 FERNLEA CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the four 1 FERNLEA CLOSE sales were 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 |
---|---|---|---|
2017 28 JUL | £490,000 | £709,275 | 31% below HPI |
2004 8 OCT | £387,500 | £409,677 | 5% below HPI |
2003 28 MAR | £345,000 | £367,163 | 6% below HPI |
1995 20 OCT | £136,000 | £150,371 | 10% below HPI |
The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The four 1 FERNLEA CLOSE sales between October 1995 and July 2017 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
1 FERNLEA CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Flackwell Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Flackwell Heath, and where 1 FERNLEA CLOSE lies on this distribution: 17% of detached houses are smaller than 1 FERNLEA CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Flackwell Heath.
1 FERNLEA CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1 FERNLEA 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 1 FERNLEA 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.
1 FERNLEA CLOSE is located in FLACKWELL HEATH, in the HP10 postcode district. The below map shows the position of No. 1 on FERNLEA CLOSE.