RIDGEMOUNT, HONOR END LANE, PRESTWOOD, GREAT MISSENDEN, HP16 9HG - £1,350,000

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.

RIDGEMOUNT is a very large extended detached house of 233m², built sometime between 1900 and 1929, which could now be worth an estimated £1,414,161. It was last sold for £1,350,000 in February 2022, which was around 67% above the average February 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was D.

RIDGEMOUNT Sold Prices

Land registry data shows two sales for RIDGEMOUNT 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 RIDGEMOUNT 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
2022 25 FEB	£1,350,000	£807,799	67% above HPI
2003 27 JUN	£500,000	£384,734	30% above HPI

RIDGEMOUNT 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 RIDGEMOUNT sales from June 2003 and February 2022 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 June 2003 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2022 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might RIDGEMOUNT be worth now?

RIDGEMOUNT might now be worth an estimated £1,414,161.

This is based on house price inflation of 4.8%, between February 2022 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 4.8% inflationary increase is applied to the most recent sale price for RIDGEMOUNT of £1,350,000 on 25th February 2022. For the value to have increased from £1,350,000 to £1,414,161 over the three years to February 2025, the following assumptions must hold true:

• The value of RIDGEMOUNT has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The February 2022 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEMOUNT has not materially changed since February 2022.

How Large is RIDGEMOUNT?

RIDGEMOUNT is 233m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% 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 RIDGEMOUNT lies on this distribution: 89% of detached houses houses are smaller than RIDGEMOUNT, and 10% of houses are larger. Note that EPC data is not available for all properties in Prestwood.

RIDGEMOUNT: Plot and Title Map

RIDGEMOUNT sits on a plot of roughly 0.265 of an acre, or 1,073m². The below map shows the location of RIDGEMOUNT, 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 RIDGEMOUNT). 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 RIDGEMOUNT?

RIDGEMOUNT is located on HONOR END LANE in PRESTWOOD, in the HP16 postcode district. The below map shows the position of RIDGEMOUNT on HONOR END LANE.