1, OLD FORGE CLOSE, TINGEWICK, BUCKINGHAM, MK18 4RH - £450,000

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.

1 OLD FORGE CLOSE is a midsized detached house of 136m², built sometime between 1983 and 1990, which could now be worth an estimated £521,851. It was last sold for £450,000 in May 2018, which was around 38% below the average May 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

1 OLD FORGE CLOSE Sold Prices

Land registry data shows two sales for 1 OLD FORGE 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 Buckinghamshire local authority area for the corresponding sale date. Both of the two 1 OLD FORGE 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
2018 23 MAY	£450,000	£729,683	38% below HPI
2014 19 DEC	£375,000	£605,158	38% below HPI

1 OLD FORGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 1 OLD FORGE CLOSE sales from December 2014 and May 2018 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 December 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2018 sale, which was also at 38% below the HPI.

What might 1 OLD FORGE CLOSE be worth now?

1 OLD FORGE CLOSE might now be worth an estimated £521,851.

This is based on house price inflation of 16%, between May 2018 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16% inflationary increase is applied to the most recent sale price for 1 OLD FORGE CLOSE of £450,000 on 23rd May 2018. For the value to have increased from £450,000 to £521,851 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 1 OLD FORGE CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The May 2018 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLD FORGE CLOSE has not materially changed since May 2018.

How Large is 1 OLD FORGE CLOSE?

1 OLD FORGE CLOSE is 136m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses houses in Tingewick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tingewick, and where 1 OLD FORGE CLOSE lies on this distribution: 56% of detached houses houses are smaller than 1 OLD FORGE CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Tingewick.

1 OLD FORGE CLOSE: Plot and Title Map

1 OLD FORGE CLOSE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 1 OLD FORGE 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 OLD FORGE 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 1 OLD FORGE CLOSE?

1 OLD FORGE CLOSE is located in TINGEWICK, in the MK18 postcode district. The below map shows the position of No. 1 on OLD FORGE CLOSE.