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
8 THE HOMESTEAD is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £348,000 in December 2022, which was around 58% below the average December 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 8 THE HOMESTEAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the four 8 THE HOMESTEAD 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 15 DEC | £348,000 | £820,263 | 58% below HPI |
2001 10 AUG | £162,000 | £302,258 | 46% below HPI |
1999 20 DEC | £129,950 | £245,784 | 47% below HPI |
1995 31 MAY | £72,000 | £148,969 | 52% below HPI |
The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The four 8 THE HOMESTEAD sales between May 1995 and December 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 August 2001 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2022 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.
8 THE HOMESTEAD is 66m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% 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 8 THE HOMESTEAD lies on this distribution: 3% of detached houses are smaller than 8 THE HOMESTEAD, and 97% of houses are larger. Note that EPC data is not available for all properties in High Wycombe.
8 THE HOMESTEAD sits on a plot of roughly 2.3 acres, or 9,454m². The below map shows the location of 8 THE HOMESTEAD, 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 THE HOMESTEAD). 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.
8 THE HOMESTEAD is located in HIGH WYCOMBE, in the HP12 postcode district. The below map shows the position of No. 8 on THE HOMESTEAD.