15, PLACE FARM WAY, MONKS RISBOROUGH, PRINCES RISBOROUGH, HP27 9JJ - £575,000

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.

15 PLACE FARM WAY is a very small extended detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £563,412. It was last sold for £575,000 in October 2022, which was around 33% below the average October 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

15 PLACE FARM WAY Sold Prices

Land registry data shows three sales for 15 PLACE FARM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the three 15 PLACE FARM WAY 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
2022 21 OCT	£575,000	£863,595	33% below HPI
2021 11 MAR	£485,000	£743,989	35% below HPI
2009 19 JUN	£300,000	£431,495	30% below HPI

15 PLACE FARM WAY 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 three 15 PLACE FARM WAY sales between June 2009 and October 2022 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 March 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 15 PLACE FARM WAY be worth now?

15 PLACE FARM WAY might now be worth an estimated £563,412.

This is based on house price deflation of 2%, between October 2022 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 2% deflationary decrease is applied to the most recent sale price for 15 PLACE FARM WAY of £575,000 on 21st October 2022. For the value to have decreased from £575,000 to £563,412 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 PLACE FARM WAY has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The October 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PLACE FARM WAY has not materially changed since October 2022.

How Large is 15 PLACE FARM WAY?

15 PLACE FARM WAY is 88m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Princes Risborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Princes Risborough, and where 15 PLACE FARM WAY lies on this distribution: 14% of detached houses houses are smaller than 15 PLACE FARM WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Princes Risborough.

15 PLACE FARM WAY: Plot and Title Map

15 PLACE FARM WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 15 PLACE FARM WAY, 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 15 PLACE FARM WAY). 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 15 PLACE FARM WAY?

15 PLACE FARM WAY is located in MONKS RISBOROUGH, in the HP27 postcode district. The below map shows the position of No. 15 on PLACE FARM WAY.