MILL COTTAGE, PLACE FARM WAY, MONKS RISBOROUGH, PRINCES RISBOROUGH, HP27 9JJ - £243,750

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.

MILL COTTAGE is a very small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £410,179. It was last sold for £243,750 in April 2008, which was around 52% below the average April 2008 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

MILL COTTAGE Sold Prices

Land registry data shows three sales for MILL 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 MILL COTTAGE 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
2008 3 APR	£243,750	£502,851	52% below HPI
2005 1 AUG	£268,000	£424,013	37% below HPI
2001 4 SEP	£210,000	£324,591	35% below HPI

MILL 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 MILL COTTAGE sales between September 2001 and April 2008 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 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2008 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might MILL COTTAGE be worth now?

MILL COTTAGE might now be worth an estimated £410,179.

This is based on house price inflation of 68.3%, between April 2008 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 68.3% inflationary increase is applied to the most recent sale price for MILL COTTAGE of £243,750 on 3rd April 2008. For the value to have increased from £243,750 to £410,179 over the seventeen years and two months to February 2025, the following assumptions must hold true:

• The value of MILL COTTAGE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The April 2008 sale price of £243,750 represented a fair market value for the property.
• The size, condition, and specification of MILL COTTAGE has not materially changed since April 2008.

How Large is MILL COTTAGE?

MILL COTTAGE is 87m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses houses in Princes Risborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Princes Risborough, and where MILL COTTAGE lies on this distribution: 14% of detached houses houses are smaller than MILL COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Princes Risborough.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of MILL 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 MILL 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 MILL COTTAGE?

MILL COTTAGE is located on PLACE FARM WAY in MONKS RISBOROUGH, in the HP27 postcode district. The below map shows the position of MILL COTTAGE on PLACE FARM WAY.