16, FRIENDSHIP LANE, WING, LEIGHTON BUZZARD, LU7 0TX - £675,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 FRIENDSHIP LANE is a large detached house of 152m². It was last sold for £675,000 in April 2022, which was around 13% below the average April 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

16 FRIENDSHIP LANE Sold Prices

Land registry data shows two sales for 16 FRIENDSHIP 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 16 FRIENDSHIP 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
2022 14 APR	£675,000	£775,524	13% below HPI
2017 17 NOV	£585,000	£714,322	18% below HPI

16 FRIENDSHIP 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 16 FRIENDSHIP LANE sales from November 2017 and April 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 November 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 FRIENDSHIP LANE?

16 FRIENDSHIP LANE is 152m² according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses in Wing, based on EPC data. The below chart shows the distribution of detached houses by size in Wing, and where 16 FRIENDSHIP LANE lies on this distribution: 73% of detached houses are smaller than 16 FRIENDSHIP LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Wing.

16 FRIENDSHIP LANE: Plot and Title Map

16 FRIENDSHIP LANE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 16 FRIENDSHIP 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 16 FRIENDSHIP 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 16 FRIENDSHIP LANE?

16 FRIENDSHIP LANE is located in WING, in the LU7 postcode district. The below map shows the position of No. 16 on FRIENDSHIP LANE.