3, MARE LEYS, BUCKINGHAM, MK18 7AY - £228,000

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.

3 MARE LEYS is a very small semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £275,697. It was last sold for £228,000 in February 2017, which was around 41% below the average February 2017 semi-detached price in the Buckinghamshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was B.

3 MARE LEYS Sold Prices

Land registry data shows three sales for 3 MARE LEYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the three 3 MARE LEYS 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
2017 17 FEB	£228,000	£386,981	41% below HPI
1995 4 AUG	£55,500	£82,321	33% below HPI
1995 28 APR	£57,000	£79,376	28% below HPI

3 MARE LEYS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The three 3 MARE LEYS sales between April 1995 and February 2017 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 August 1995 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 MARE LEYS be worth now?

3 MARE LEYS might now be worth an estimated £275,697.

This is based on house price inflation of 20.9%, between February 2017 and February 2025, for semi-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 20.9% inflationary increase is applied to the most recent sale price for 3 MARE LEYS of £228,000 on 17th February 2017. For the value to have increased from £228,000 to £275,697 over the eight years to February 2025, the following assumptions must hold true:

• The value of 3 MARE LEYS has moved in line with the HPI for semi-detached houses in the Buckinghamshire local authority area.
• The February 2017 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARE LEYS has not materially changed since February 2017.

How Large is 3 MARE LEYS?

3 MARE LEYS is 74m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of semi-detached houses houses in Buckingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Buckingham, and where 3 MARE LEYS lies on this distribution: 3% of semi-detached houses houses are smaller than 3 MARE LEYS, and 97% of houses are larger. Note that EPC data is not available for all properties in Buckingham.

3 MARE LEYS: Plot and Title Map

3 MARE LEYS sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 3 MARE LEYS, 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 3 MARE LEYS). 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 3 MARE LEYS?

3 MARE LEYS is located in BUCKINGHAM, in the MK18 postcode district. The below map shows the position of No. 3 on MARE LEYS.