2, GREENACRES, CHEDDINGTON ROAD, PITSTONE, LEIGHTON BUZZARD, LU7 9AH - £605,000

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 GREENACRES is a midsized extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £605,000 in August 2018, which was around 17% below the average August 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

2 GREENACRES Sold Prices

Land registry data shows three sales for 2 GREENACRES 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 2 GREENACRES 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
2018 30 AUG	£605,000	£728,316	17% below HPI
1997 17 DEC	£151,000	£196,048	23% below HPI
1997 7 MAR	£154,000	£166,463	7% below HPI

2 GREENACRES 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 2 GREENACRES sales between March 1997 and August 2018 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 December 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 GREENACRES?

2 GREENACRES is 120m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses in Pitstone, based on EPC data. The below chart shows the distribution of detached houses by size in Pitstone, and where 2 GREENACRES lies on this distribution: 49% of detached houses are smaller than 2 GREENACRES, and 50% of houses are larger. Note that EPC data is not available for all properties in Pitstone.

2 GREENACRES: Plot and Title Map

2 GREENACRES sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 2 GREENACRES, 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 GREENACRES). 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 GREENACRES?

2 GREENACRES is located on CHEDDINGTON ROAD in PITSTONE, in the LU7 postcode district. The below map shows the position of 2 GREENACRES on CHEDDINGTON ROAD.