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

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 MEAD CLOSE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £482,000 in November 2020, which was around 34% 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	£733,825	34% below HPI
1995 12 APR	£116,000	£145,471	20% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

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 20% of detached houses in Princes Risborough, based on EPC data. The below chart shows the distribution of detached houses by size in Princes Risborough, and where 2 MEAD CLOSE lies on this distribution: 10% of detached houses are smaller than 2 MEAD CLOSE, and 89% 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.