THE HERMITAGE, MAIN STREET, PADBURY, BUCKINGHAM, MK18 2AP - £1,260,000

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

THE HERMITAGE is a very large extended detached house of 288m², built sometime before 1900. It was last sold for £1,260,000 in April 2024, which was around 60% above the average April 2024 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

THE HERMITAGE Sold Prices

Land registry data shows two sales for THE HERMITAGE 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 THE HERMITAGE 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
2024 30 APR	£1,260,000	£787,988	60% above HPI
2011 1 APR	£841,500	£488,656	72% above HPI

THE HERMITAGE 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 THE HERMITAGE sales from April 2011 and April 2024 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 April 2011 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the April 2024 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is THE HERMITAGE?

THE HERMITAGE is 288m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses in Padbury, based on EPC data. The below chart shows the distribution of detached houses by size in Padbury, and where THE HERMITAGE lies on this distribution: 99% of detached houses are smaller than THE HERMITAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Padbury.

THE HERMITAGE: Plot and Title Map

THE HERMITAGE sits on a plot of roughly 0.264 of an acre, or 1,068m². The below map shows the location of THE HERMITAGE, 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 THE HERMITAGE). 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 THE HERMITAGE?

THE HERMITAGE is located on MAIN STREET in PADBURY, in the MK18 postcode district. The below map shows the position of THE HERMITAGE on MAIN STREET.