12, LACE LANE, BUCKINGHAM, MK18 7RD - £395,000

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

12 LACE LANE is a midsized detached house of 128m². It was last sold for £395,000 in June 2018, which was around 44% below the average June 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

12 LACE LANE Sold Prices

Land registry data shows two sales for 12 LACE LANE 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 12 LACE LANE 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 22 JUN	£395,000	£709,451	44% below HPI
2013 26 APR	£331,750	£500,486	34% below HPI

12 LACE LANE 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 12 LACE LANE sales from April 2013 and June 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 April 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 12 LACE LANE?

12 LACE LANE is 128m² according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses in Buckingham, based on EPC data. The below chart shows the distribution of detached houses by size in Buckingham, and where 12 LACE LANE lies on this distribution: 55% of detached houses are smaller than 12 LACE LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Buckingham.

12 LACE LANE: Plot and Title Map

12 LACE LANE sits on a plot of roughly 4.3 acres, or 17,302m². The below map shows the location of 12 LACE LANE, 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 12 LACE LANE). 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 12 LACE LANE?

12 LACE LANE is located in BUCKINGHAM, in the MK18 postcode district. The below map shows the position of No. 12 on LACE LANE.