MERRYDOWNE, CRENDON ROAD, CHEARSLEY, AYLESBURY, HP18 0DL - £275,000

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.

MERRYDOWNE is a very small detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £319,772. It was last sold for £275,000 in July 2020, which was around 62% below the average July 2020 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was F, and the potential energy rating was D.

MERRYDOWNE Sold Prices

Land registry data shows two sales for MERRYDOWNE 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 MERRYDOWNE 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
2020 31 JUL	£275,000	£727,713	62% below HPI
2007 6 SEP	£265,000	£512,049	48% below HPI

MERRYDOWNE 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 MERRYDOWNE sales from September 2007 and July 2020 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 2007 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2020 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might MERRYDOWNE be worth now?

MERRYDOWNE might now be worth an estimated £319,772.

This is based on house price inflation of 16.3%, between July 2020 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 16.3% inflationary increase is applied to the most recent sale price for MERRYDOWNE of £275,000 on 31st July 2020. For the value to have increased from £275,000 to £319,772 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of MERRYDOWNE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The July 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of MERRYDOWNE has not materially changed since July 2020.

How Large is MERRYDOWNE?

MERRYDOWNE is 68m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses houses in Chearsley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chearsley, and where MERRYDOWNE lies on this distribution: 3% of detached houses houses are smaller than MERRYDOWNE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chearsley.

MERRYDOWNE: Plot and Title Map

MERRYDOWNE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of MERRYDOWNE, 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 MERRYDOWNE). 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 MERRYDOWNE?

MERRYDOWNE is located on CRENDON ROAD in CHEARSLEY, in the HP18 postcode district. The below map shows the position of MERRYDOWNE on CRENDON ROAD.