SPRING COTTAGE, CHAPEL HILL, SPEEN, PRINCES RISBOROUGH, HP27 0SP - £785,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SPRING COTTAGE is a very small detached house of 106m², built sometime between 1967 and 1975. It was last sold for £785,000 in September 2022, which was around 5% below the average September 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

SPRING COTTAGE Sold Prices

Land registry data shows three sales for SPRING 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 SPRING 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
2022 30 SEP	£785,000	£828,382	5% below HPI
2016 20 JUL	£627,000	£682,545	8% below HPI
1998 27 OCT	£250,000	£215,468	16% above HPI

SPRING 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 SPRING COTTAGE sales between October 1998 and September 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 July 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 106m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Speen, based on EPC data. The below chart shows the distribution of detached houses by size in Speen, and where SPRING COTTAGE lies on this distribution: 14% of detached houses are smaller than SPRING COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Speen.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on CHAPEL HILL in SPEEN, in the HP27 postcode district. The below map shows the position of SPRING COTTAGE on CHAPEL HILL.