CLOSE COTTAGE, CHURCH LANE, SOULBURY, LEIGHTON BUZZARD, LU7 0BU - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CLOSE COTTAGE is a large extended detached house of 261m², built sometime between 1900 and 1929, which could now be worth an estimated £1,259,154. It was last sold for £450,000 in February 2001, which was around 51% above the average February 2001 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

CLOSE COTTAGE Sold Prices

Land registry data shows two sales for CLOSE COTTAGE 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 CLOSE COTTAGE sales were for above 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
2001 9 FEB	£450,000	£297,364	51% above HPI
1996 20 SEP	£208,000	£165,561	26% above HPI

CLOSE COTTAGE 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 CLOSE COTTAGE sales from September 1996 and February 2001 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 September 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2001 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might CLOSE COTTAGE be worth now?

CLOSE COTTAGE might now be worth an estimated £1,259,154.

This is based on house price inflation of 179.8%, between February 2001 and December 2024, 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 179.8% inflationary increase is applied to the most recent sale price for CLOSE COTTAGE of £450,000 on 9th February 2001. For the value to have increased from £450,000 to £1,259,154 over the 22 years and two months to December 2024, the following assumptions must hold true:

• The value of CLOSE COTTAGE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The February 2001 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of CLOSE COTTAGE has not materially changed since February 2001.

How Large is CLOSE COTTAGE?

CLOSE COTTAGE is 261m², which includes four extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses houses in Soulbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Soulbury, and where CLOSE COTTAGE lies on this distribution: 74% of detached houses houses are smaller than CLOSE COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Soulbury.

CLOSE COTTAGE: Plot and Title Map

CLOSE COTTAGE sits on a plot of roughly 2.7 acres, or 10,875m². The below map shows the location of CLOSE COTTAGE, 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 CLOSE COTTAGE). 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 CLOSE COTTAGE?

CLOSE COTTAGE is located on CHURCH LANE in SOULBURY, in the LU7 postcode district. The below map shows the position of CLOSE COTTAGE on CHURCH LANE.