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
HOPE HOUSE is a very large extended detached house of 306m², built sometime between 1950 and 1966. It was last sold for £1,070,000 in February 2016, which was around 65% above the average February 2016 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for HOPE HOUSE 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 HOPE HOUSE 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 |
---|---|---|---|
2016 24 FEB | £1,070,000 | £649,788 | 65% above HPI |
2009 28 JUL | £730,000 | £421,042 | 73% above HPI |
1999 20 JUL | £290,000 | £225,403 | 29% above HPI |
1995 23 FEB | £185,000 | £144,267 | 28% above HPI |
The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The four HOPE HOUSE sales between February 1995 and February 2016 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 July 2009 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the February 2016 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.
HOPE HOUSE is 306m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses in Prestwood, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwood, and where HOPE HOUSE lies on this distribution: 97% of detached houses are smaller than HOPE HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Prestwood.
HOPE HOUSE sits on a plot of roughly 0.355 of an acre, or 1,437m². The below map shows the location of HOPE HOUSE, 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 HOPE HOUSE). 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.
HOPE HOUSE is located on MOAT LANE in PRESTWOOD, in the HP16 postcode district. The below map shows the position of HOPE HOUSE on MOAT LANE.