18, MARE LEYS, BUCKINGHAM, MK18 7AX - £505,000

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

18 MARE LEYS is a very large extended detached house of 180m², built sometime between 1976 and 1982. It was last sold for £505,000 in September 2021, which was around 32% below the average September 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

18 MARE LEYS Sold Prices

Land registry data shows four sales for 18 MARE LEYS 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 18 MARE LEYS 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 30 SEP	£505,000	£740,520	32% below HPI
2016 5 AUG	£430,000	£693,970	38% below HPI
1999 7 SEP	£183,000	£238,133	23% below HPI
1998 29 JUN	£139,500	£206,561	32% below HPI

18 MARE LEYS 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 18 MARE LEYS sales between June 1998 and September 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 August 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 18 MARE LEYS?

18 MARE LEYS is 180m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Buckingham, based on EPC data. The below chart shows the distribution of detached houses by size in Buckingham, and where 18 MARE LEYS lies on this distribution: 88% of detached houses are smaller than 18 MARE LEYS, and 11% of houses are larger. Note that EPC data is not available for all properties in Buckingham.

18 MARE LEYS: Plot and Title Map

18 MARE LEYS sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 18 MARE LEYS, 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 18 MARE LEYS). 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 18 MARE LEYS?

18 MARE LEYS is located in BUCKINGHAM, in the MK18 postcode district. The below map shows the position of No. 18 on MARE LEYS.