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
7 NEW DRIVE is a large extended detached house of 158m², built sometime between 1930 and 1949. It was last sold for £492,013 in January 2023, which was around 39% below the average January 2023 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 NEW DRIVE 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 7 NEW DRIVE 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 |
---|---|---|---|
2023 6 JAN | £492,013 | £811,817 | 39% below HPI |
2015 16 NOV | £425,000 | £640,325 | 34% 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 7 NEW DRIVE sales from November 2015 and January 2023 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 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
7 NEW DRIVE is 158m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 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 7 NEW DRIVE lies on this distribution: 75% of detached houses are smaller than 7 NEW DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in High Wycombe.
7 NEW DRIVE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 7 NEW DRIVE, 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 7 NEW DRIVE). 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.
7 NEW DRIVE is located in HIGH WYCOMBE, in the HP13 postcode district. The below map shows the position of No. 7 on NEW DRIVE.