PEAR TREE COTTAGE, HATCHET LEYS LANE, THORNBOROUGH, BUCKINGHAM, MK18 2BU - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PEAR TREE COTTAGE is a small detached house of 121m², built sometime before 1900, which could now be worth an estimated £778,022. It was last sold for £470,000 in March 2011, which was around 6% below the average March 2011 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

PEAR TREE COTTAGE Sold Prices

Land registry data shows three sales for PEAR TREE 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. Two of the three PEAR TREE COTTAGE sales were for below the average price, whilst one was 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
2011 29 MAR	£470,000	£502,644	6% below HPI
2000 13 MAR	£282,500	£265,141	7% above HPI
1999 12 MAR	£210,000	£224,886	7% below HPI

PEAR TREE 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 PEAR TREE COTTAGE sales between March 1999 and March 2011 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 March 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2011 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might PEAR TREE COTTAGE be worth now?

PEAR TREE COTTAGE might now be worth an estimated £778,022.

This is based on house price inflation of 65.5%, between March 2011 and December 2024, 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 65.5% inflationary increase is applied to the most recent sale price for PEAR TREE COTTAGE of £470,000 on 29th March 2011. For the value to have increased from £470,000 to £778,022 over the twelve years and three months to December 2024, the following assumptions must hold true:

• The value of PEAR TREE COTTAGE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The March 2011 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of PEAR TREE COTTAGE has not materially changed since March 2011.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 121m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses houses in Thornborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thornborough, and where PEAR TREE COTTAGE lies on this distribution: 22% of detached houses houses are smaller than PEAR TREE COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Thornborough.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of PEAR TREE 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 PEAR TREE 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on HATCHET LEYS LANE in THORNBOROUGH, in the MK18 postcode district. The below map shows the position of PEAR TREE COTTAGE on HATCHET LEYS LANE.