2, MEAD CLOSE, PRINCES RISBOROUGH, HP27 9JL - £482,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MEAD CLOSE is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £534,214. It was last sold for £482,000 in November 2020, which was around 37% below the average November 2020 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

2 MEAD CLOSE Sold Prices

Land registry data shows two sales for 2 MEAD 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 MEAD 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
2020 12 NOV	£482,000	£763,485	37% below HPI
1995 12 APR	£116,000	£151,351	23% below HPI

2 MEAD 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 MEAD CLOSE sales from April 1995 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 April 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 MEAD CLOSE be worth now?

2 MEAD CLOSE might now be worth an estimated £534,214.

This is based on house price inflation of 10.8%, between November 2020 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.8% inflationary increase is applied to the most recent sale price for 2 MEAD CLOSE of £482,000 on 12th November 2020. For the value to have increased from £482,000 to £534,214 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 MEAD CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The November 2020 sale price of £482,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEAD CLOSE has not materially changed since November 2020.

How Large is 2 MEAD CLOSE?

2 MEAD CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of detached houses houses in Princes Risborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Princes Risborough, and where 2 MEAD CLOSE lies on this distribution: 10% of detached houses houses are smaller than 2 MEAD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Princes Risborough.

2 MEAD CLOSE: Plot and Title Map

2 MEAD CLOSE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 2 MEAD 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 MEAD 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 MEAD CLOSE?

2 MEAD CLOSE is located in PRINCES RISBOROUGH, in the HP27 postcode district. The below map shows the position of No. 2 on MEAD CLOSE.