MAGNOLIA COTTAGE, GREEN LANE, PRESTWOOD, GREAT MISSENDEN, HP16 0QA - £1,495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MAGNOLIA COTTAGE is a very large extended detached house of 288m², built sometime between 1950 and 1966. It was last sold for £1,495,000 in May 2023, which was around 86% above the average May 2023 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows four sales for MAGNOLIA COTTAGE since 1^st 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 MAGNOLIA 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
2023 22 MAY	£1,495,000	£801,871	86% above HPI
2013 28 NOV	£985,000	£522,407	89% above HPI
2006 12 MAY	£870,000	£414,644	110% above HPI
2003 6 AUG	£382,500	£375,718	2% above HPI

MAGNOLIA 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 four MAGNOLIA COTTAGE sales between August 2003 and May 2023 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 November 2013 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the May 2023 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 288m², which includes three extensions, according to the EPC inspection conducted in October 2022. 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 MAGNOLIA COTTAGE lies on this distribution: 95% of detached houses are smaller than MAGNOLIA COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Prestwood.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.287 of an acre, or 1,161m². The below map shows the location of MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA COTTAGE?

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