Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
7 OLD PAPERMILL CLOSE is a very small extended detached house of 84m², built sometime between 2003 and 2006. It was last sold for £490,000 in August 2022, which was around 40% below the average August 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 7 OLD PAPERMILL CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the five 7 OLD PAPERMILL 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 |
---|---|---|---|
2022 30 AUG | £490,000 | £818,297 | 40% below HPI |
2018 5 DEC | £425,000 | £713,443 | 40% below HPI |
2011 14 NOV | £150,000 | £491,860 | 70% below HPI |
2005 27 MAY | £140,000 | £405,349 | 65% below HPI |
2002 5 JUL | £95,000 | £342,919 | 72% below HPI |
The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The five 7 OLD PAPERMILL CLOSE sales between July 2002 and August 2022 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 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2022 sale, which was also at 40% below the HPI.
7 OLD PAPERMILL CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses in Wooburn Green, based on EPC data. The below chart shows the distribution of detached houses by size in Wooburn Green, and where 7 OLD PAPERMILL CLOSE lies on this distribution: 20% of detached houses are smaller than 7 OLD PAPERMILL CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Wooburn Green.
7 OLD PAPERMILL CLOSE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 7 OLD PAPERMILL 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 7 OLD PAPERMILL 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.
7 OLD PAPERMILL CLOSE is located in WOOBURN GREEN, in the HP10 postcode district. The below map shows the position of No. 7 on OLD PAPERMILL CLOSE.