1, PETERS CLOSE, PRESTWOOD, GREAT MISSENDEN, HP16 9ET - £488,000

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 PETERS CLOSE is a small extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £547,127. It was last sold for £488,000 in February 2021, which was around 35% below the average February 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

1 PETERS CLOSE Sold Prices

Land registry data shows four sales for 1 PETERS CLOSE since 1^st 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 PETERS 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
2021 15 FEB	£488,000	£754,745	35% below HPI
2010 11 NOV	£247,500	£503,329	51% below HPI
2005 31 OCT	£249,950	£426,615	41% below HPI
2003 30 JUL	£240,000	£387,985	38% below HPI

1 PETERS 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 four 1 PETERS CLOSE sales between July 2003 and February 2021 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 November 2010 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 1 PETERS CLOSE be worth now?

1 PETERS CLOSE might now be worth an estimated £547,127.

This is based on house price inflation of 12.1%, between February 2021 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 12.1% inflationary increase is applied to the most recent sale price for 1 PETERS CLOSE of £488,000 on 15th February 2021. For the value to have increased from £488,000 to £547,127 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 PETERS CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The February 2021 sale price of £488,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PETERS CLOSE has not materially changed since February 2021.

How Large is 1 PETERS CLOSE?

1 PETERS CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Prestwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwood, and where 1 PETERS CLOSE lies on this distribution: 32% of detached houses houses are smaller than 1 PETERS CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Prestwood.

1 PETERS CLOSE: Plot and Title Map

1 PETERS CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 1 PETERS 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 PETERS 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 PETERS CLOSE?

1 PETERS CLOSE is located in PRESTWOOD, in the HP16 postcode district. The below map shows the position of No. 1 on PETERS CLOSE.