2, GORRELL CLOSE, TINGEWICK, BUCKINGHAM, MK18 4PL - £298,000

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

2 GORRELL CLOSE is a small detached house of 109m², built sometime between 1983 and 1990. It was last sold for £298,000 in September 2012, which was around 40% below the average September 2012 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

2 GORRELL CLOSE Sold Prices

Land registry data shows two sales for 2 GORRELL CLOSE 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 GORRELL CLOSE 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
2012 27 SEP	£298,000	£497,309	40% below HPI
1997 17 OCT	£102,500	£189,160	46% below HPI

2 GORRELL CLOSE 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 GORRELL CLOSE sales from October 1997 and September 2012 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 October 1997 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2012 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 GORRELL CLOSE?

2 GORRELL CLOSE is 109m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses in Tingewick, based on EPC data. The below chart shows the distribution of detached houses by size in Tingewick, and where 2 GORRELL CLOSE lies on this distribution: 26% of detached houses are smaller than 2 GORRELL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Tingewick.

2 GORRELL CLOSE: Plot and Title Map

2 GORRELL CLOSE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 2 GORRELL CLOSE, 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 GORRELL CLOSE). 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 GORRELL CLOSE?

2 GORRELL CLOSE is located in TINGEWICK, in the MK18 postcode district. The below map shows the position of No. 2 on GORRELL CLOSE.