LAVENDER COTTAGE, SALMONS LANE, PRESTWOOD, GREAT MISSENDEN, HP16 0PY - £800,000

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.

LAVENDER COTTAGE is a very large extended detached house of 203m², built sometime before 1900, which could now be worth an estimated £911,992. It was last sold for £800,000 in December 2018, which was around 8% above the average December 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

LAVENDER COTTAGE Sold Prices

Land registry data shows three sales for LAVENDER COTTAGE 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 LAVENDER 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
2018 10 DEC	£800,000	£742,279	8% above HPI
1997 11 JUN	£285,000	£185,640	54% above HPI
1995 23 FEB	£267,500	£150,099	78% above HPI

LAVENDER 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 three LAVENDER COTTAGE sales between February 1995 and December 2018 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 June 1997 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the December 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might LAVENDER COTTAGE be worth now?

LAVENDER COTTAGE might now be worth an estimated £911,992.

This is based on house price inflation of 14%, between December 2018 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% inflationary increase is applied to the most recent sale price for LAVENDER COTTAGE of £800,000 on 10th December 2018. For the value to have increased from £800,000 to £911,992 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of LAVENDER COTTAGE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The December 2018 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of LAVENDER COTTAGE has not materially changed since December 2018.

How Large is LAVENDER COTTAGE?

LAVENDER COTTAGE is 203m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% 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 LAVENDER COTTAGE lies on this distribution: 83% of detached houses houses are smaller than LAVENDER COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Prestwood.

LAVENDER COTTAGE: Plot and Title Map

LAVENDER COTTAGE sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of LAVENDER 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 LAVENDER 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 LAVENDER COTTAGE?

LAVENDER COTTAGE is located on SALMONS LANE in PRESTWOOD, in the HP16 postcode district. The below map shows the position of LAVENDER COTTAGE on SALMONS LANE.