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
41 MELBOURNE ROAD is a small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £370,000 in March 2021, which was around 48% below the average March 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 41 MELBOURNE ROAD since 1st 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 41 MELBOURNE ROAD 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 |
---|---|---|---|
2021 12 MAR | £370,000 | £715,087 | 48% below HPI |
2003 12 DEC | £173,000 | £381,214 | 55% below HPI |
The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 41 MELBOURNE ROAD sales from December 2003 and March 2021 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 December 2003 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2021 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.
41 MELBOURNE ROAD is 93m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in High Wycombe, based on EPC data. The below chart shows the distribution of detached houses by size in High Wycombe, and where 41 MELBOURNE ROAD lies on this distribution: 20% of detached houses are smaller than 41 MELBOURNE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in High Wycombe.
41 MELBOURNE ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 41 MELBOURNE ROAD, 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 41 MELBOURNE ROAD). 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.
41 MELBOURNE ROAD is located in HIGH WYCOMBE, in the HP13 postcode district. The below map shows the position of No. 41 on MELBOURNE ROAD.