THE SPINNEY, MARTINSEND LANE, GREAT MISSENDEN, HP16 9HS - £1,725,000

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.

THE SPINNEY is a very large extended detached house of 244m², built sometime between 1930 and 1949, which could now be worth an estimated £1,904,771. It was last sold for £1,725,000 in August 2021, which was around 125% above the average August 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

THE SPINNEY Sold Prices

Land registry data shows two sales for THE SPINNEY 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 SPINNEY 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
2021 18 AUG	£1,725,000	£766,328	125% above HPI
2008 18 JUL	£1,000,000	£507,695	97% above HPI

THE SPINNEY 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 SPINNEY sales from July 2008 and August 2021 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 2008 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the August 2021 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

What might THE SPINNEY be worth now?

THE SPINNEY might now be worth an estimated £1,904,771.

This is based on house price inflation of 10.4%, between August 2021 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 10.4% inflationary increase is applied to the most recent sale price for THE SPINNEY of £1,725,000 on 18th August 2021. For the value to have increased from £1,725,000 to £1,904,771 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of THE SPINNEY has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The August 2021 sale price of £1,725,000 represented a fair market value for the property.
• The size, condition, and specification of THE SPINNEY has not materially changed since August 2021.

How Large is THE SPINNEY?

THE SPINNEY is 244m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 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 THE SPINNEY lies on this distribution: 91% of detached houses houses are smaller than THE SPINNEY, and 9% of houses are larger. Note that EPC data is not available for all properties in Prestwood.

THE SPINNEY: Plot and Title Map

THE SPINNEY sits on a plot of roughly 0.606 of an acre, or 2,451m². The below map shows the location of THE SPINNEY, 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 SPINNEY). 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 SPINNEY?

THE SPINNEY is located on MARTINSEND LANE in GREAT MISSENDEN, in the HP16 postcode district. The below map shows the position of THE SPINNEY on MARTINSEND LANE.