40, PROSPECT PLACE, WING, LEIGHTON BUZZARD, LU7 0NT - £380,000

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.

40 PROSPECT PLACE is a very large extended detached house of 176m², built sometime between 1996 and 2002, which could now be worth an estimated £745,365. It was last sold for £380,000 in May 2006, which was around 12% below the average May 2006 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was B, and the potential energy rating was B.

40 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 40 PROSPECT PLACE 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 40 PROSPECT PLACE 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
2006 12 MAY	£380,000	£431,403	12% below HPI
1999 11 AUG	£175,000	£240,680	27% below HPI

40 PROSPECT PLACE 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 40 PROSPECT PLACE sales from August 1999 and May 2006 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 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2006 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 40 PROSPECT PLACE be worth now?

40 PROSPECT PLACE might now be worth an estimated £745,365.

This is based on house price inflation of 96.1%, between May 2006 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 96.1% inflationary increase is applied to the most recent sale price for 40 PROSPECT PLACE of £380,000 on 12th May 2006. For the value to have increased from £380,000 to £745,365 over the nineteen years and three months to February 2025, the following assumptions must hold true:

• The value of 40 PROSPECT PLACE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The May 2006 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PROSPECT PLACE has not materially changed since May 2006.

How Large is 40 PROSPECT PLACE?

40 PROSPECT PLACE is 176m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses houses in Wing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wing, and where 40 PROSPECT PLACE lies on this distribution: 89% of detached houses houses are smaller than 40 PROSPECT PLACE, and 11% of houses are larger. Note that EPC data is not available for all properties in Wing.

40 PROSPECT PLACE: Plot and Title Map

40 PROSPECT PLACE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 40 PROSPECT PLACE, 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 40 PROSPECT PLACE). 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 40 PROSPECT PLACE?

40 PROSPECT PLACE is located in WING, in the LU7 postcode district. The below map shows the position of No. 40 on PROSPECT PLACE.