4, GORRELL CLOSE, TINGEWICK, BUCKINGHAM, MK18 4PL - £340,000

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.

4 GORRELL CLOSE is a small detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £381,835. It was last sold for £340,000 in October 2018, which was around 55% below the average October 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

4 GORRELL CLOSE Sold Prices

Land registry data shows four sales for 4 GORRELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the four 4 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
2018 11 OCT	£340,000	£753,480	55% below HPI
2000 23 OCT	£165,000	£301,670	45% below HPI
1998 7 JUL	£123,500	£219,210	44% below HPI
1996 28 JUN	£100,500	£157,266	36% below HPI

4 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 four 4 GORRELL CLOSE sales between June 1996 and October 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 October 2000 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2018 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 4 GORRELL CLOSE be worth now?

4 GORRELL CLOSE might now be worth an estimated £381,835.

This is based on house price inflation of 12.3%, between October 2018 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 12.3% inflationary increase is applied to the most recent sale price for 4 GORRELL CLOSE of £340,000 on 11th October 2018. For the value to have increased from £340,000 to £381,835 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 GORRELL CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The October 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GORRELL CLOSE has not materially changed since October 2018.

How Large is 4 GORRELL CLOSE?

4 GORRELL CLOSE is 114m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses houses in Tingewick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tingewick, and where 4 GORRELL CLOSE lies on this distribution: 31% of detached houses houses are smaller than 4 GORRELL CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Tingewick.

4 GORRELL CLOSE: Plot and Title Map

4 GORRELL CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 4 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 4 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 4 GORRELL CLOSE?

4 GORRELL CLOSE is located in TINGEWICK, in the MK18 postcode district. The below map shows the position of No. 4 on GORRELL CLOSE.