8, LODGE LANE, PRESTWOOD, GREAT MISSENDEN, HP16 0SS - £555,000

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.

8 LODGE LANE is a large extended detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £637,572. It was last sold for £555,000 in March 2020, which was around 25% below the average March 2020 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 LODGE LANE Sold Prices

Land registry data shows two sales for 8 LODGE 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 8 LODGE 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
2020 26 MAR	£555,000	£736,601	25% below HPI
2020 31 JAN	£575,000	£730,618	21% below HPI

8 LODGE 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 8 LODGE LANE sales from January 2020 and March 2020 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 January 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 LODGE LANE be worth now?

8 LODGE LANE might now be worth an estimated £637,572.

This is based on house price inflation of 14.9%, between March 2020 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 14.9% inflationary increase is applied to the most recent sale price for 8 LODGE LANE of £555,000 on 26th March 2020. For the value to have increased from £555,000 to £637,572 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 8 LODGE LANE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The March 2020 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LODGE LANE has not materially changed since March 2020.

How Large is 8 LODGE LANE?

8 LODGE LANE is 162m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses houses in Prestwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwood, and where 8 LODGE LANE lies on this distribution: 63% of detached houses houses are smaller than 8 LODGE LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Prestwood.

8 LODGE LANE: Plot and Title Map

8 LODGE LANE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 8 LODGE 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 8 LODGE 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 8 LODGE LANE?

8 LODGE LANE is located in PRESTWOOD, in the HP16 postcode district. The below map shows the position of No. 8 on LODGE LANE.