MILLSTONE, ROSETREE CLOSE, PRESTWOOD, GREAT MISSENDEN, HP16 9EW - £507,500

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.

MILLSTONE is a very small detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £567,438. It was last sold for £507,500 in September 2018, which was around 33% below the average September 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

MILLSTONE Sold Prices

Land registry data shows four sales for MILLSTONE 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 MILLSTONE 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
2018 18 SEP	£507,500	£756,808	33% below HPI
2009 14 AUG	£382,500	£449,176	15% below HPI
2006 31 MAY	£300,000	£431,403	30% below HPI
2002 26 SEP	£250,000	£371,147	33% below HPI

MILLSTONE 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 MILLSTONE sales between September 2002 and September 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 August 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might MILLSTONE be worth now?

MILLSTONE might now be worth an estimated £567,438.

This is based on house price inflation of 11.8%, between September 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 11.8% inflationary increase is applied to the most recent sale price for MILLSTONE of £507,500 on 18th September 2018. For the value to have increased from £507,500 to £567,438 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of MILLSTONE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The September 2018 sale price of £507,500 represented a fair market value for the property.
• The size, condition, and specification of MILLSTONE has not materially changed since September 2018.

How Large is MILLSTONE?

MILLSTONE is 88m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 MILLSTONE lies on this distribution: 10% of detached houses houses are smaller than MILLSTONE, and 90% of houses are larger. Note that EPC data is not available for all properties in Prestwood.

MILLSTONE: Plot and Title Map

MILLSTONE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of MILLSTONE, 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 MILLSTONE). 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 MILLSTONE?

MILLSTONE is located on ROSETREE CLOSE in PRESTWOOD, in the HP16 postcode district. The below map shows the position of MILLSTONE on ROSETREE CLOSE.