4, LACE LANE, BUCKINGHAM, MK18 7RD - £420,000

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 LACE LANE is a midsized detached house of 123m², which could now be worth an estimated £469,019. It was last sold for £420,000 in August 2018, which was around 45% below the average August 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

4 LACE LANE Sold Prices

Land registry data shows two sales for 4 LACE LANE 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 4 LACE LANE 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 3 AUG	£420,000	£757,753	45% below HPI
2012 23 NOV	£339,995	£518,428	34% below HPI

4 LACE LANE 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 4 LACE LANE sales from November 2012 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 November 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 4 LACE LANE be worth now?

4 LACE LANE might now be worth an estimated £469,019.

This is based on house price inflation of 11.7%, between August 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 11.7% inflationary increase is applied to the most recent sale price for 4 LACE LANE of £420,000 on 3rd August 2018. For the value to have increased from £420,000 to £469,019 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 4 LACE LANE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The August 2018 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LACE LANE has not materially changed since August 2018.

How Large is 4 LACE LANE?

4 LACE LANE is 123m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of detached houses houses in Buckingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buckingham, and where 4 LACE LANE lies on this distribution: 49% of detached houses houses are smaller than 4 LACE LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Buckingham.

4 LACE LANE: Plot and Title Map

4 LACE LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 4 LACE LANE, 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 LACE LANE). 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 LACE LANE?

4 LACE LANE is located in BUCKINGHAM, in the MK18 postcode district. The below map shows the position of No. 4 on LACE LANE.