FAIRACRES, COLVILLE ROAD, HIGH WYCOMBE, HP11 2SY - £550,000

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

FAIRACRES is a midsized extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £550,000 in June 2024, which was around 33% below the average June 2024 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

FAIRACRES Sold Prices

Land registry data shows three sales for FAIRACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the three FAIRACRES 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
2024 27 JUN	£550,000	£815,932	33% below HPI
2023 25 AUG	£612,500	£811,678	25% below HPI
2001 13 DEC	£249,950	£318,544	22% below HPI

FAIRACRES 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 three FAIRACRES sales between December 2001 and June 2024 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 2023 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2024 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is FAIRACRES?

FAIRACRES is 132m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% 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 FAIRACRES lies on this distribution: 59% of detached houses are smaller than FAIRACRES, and 41% of houses are larger. Note that EPC data is not available for all properties in High Wycombe.

FAIRACRES: Plot and Title Map

FAIRACRES sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of FAIRACRES, 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 FAIRACRES). 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 FAIRACRES?

FAIRACRES is located on COLVILLE ROAD in HIGH WYCOMBE, in the HP11 postcode district. The below map shows the position of FAIRACRES on COLVILLE ROAD.