2, FRIENDSHIP LANE, WING, LEIGHTON BUZZARD, LU7 0TX - £380,000

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

2 FRIENDSHIP LANE is a very small detached house of 85m². It was last sold for £380,000 in November 2020, which was around 48% below the average November 2020 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

2 FRIENDSHIP LANE Sold Prices

Land registry data shows two sales for 2 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 2 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
2020 20 NOV	£380,000	£733,825	48% below HPI
2016 25 NOV	£345,000	£692,227	50% below HPI

2 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 2 FRIENDSHIP LANE sales from November 2016 and November 2020 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 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2020 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 FRIENDSHIP LANE?

2 FRIENDSHIP LANE is 85m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Wing, based on EPC data. The below chart shows the distribution of detached houses by size in Wing, and where 2 FRIENDSHIP LANE lies on this distribution: 12% of detached houses are smaller than 2 FRIENDSHIP LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Wing.

2 FRIENDSHIP LANE: Plot and Title Map

2 FRIENDSHIP LANE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 2 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 2 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 2 FRIENDSHIP LANE?

2 FRIENDSHIP LANE is located in WING, in the LU7 postcode district. The below map shows the position of No. 2 on FRIENDSHIP LANE.