UTOPIA, BACK STREET, THORNBOROUGH, BUCKINGHAM, MK18 2DH - £675,000

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

UTOPIA is a midsized extended detached house of 150m², built sometime between 1967 and 1975. It was last sold for £675,000 in June 2021, which was around 8% below the average June 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

UTOPIA Sold Prices

Land registry data shows two sales for UTOPIA 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 UTOPIA sales were for below 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 11 JUN	£675,000	£730,267	8% below HPI
2006 7 JUL	£360,000	£427,096	16% below HPI

UTOPIA 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 UTOPIA sales from July 2006 and June 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is UTOPIA?

UTOPIA is 150m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses in Thornborough, based on EPC data. The below chart shows the distribution of detached houses by size in Thornborough, and where UTOPIA lies on this distribution: 48% of detached houses are smaller than UTOPIA, and 52% of houses are larger. Note that EPC data is not available for all properties in Thornborough.

UTOPIA: Plot and Title Map

UTOPIA sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of UTOPIA, 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 UTOPIA). 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 UTOPIA?

UTOPIA is located on BACK STREET in THORNBOROUGH, in the MK18 postcode district. The below map shows the position of UTOPIA on BACK STREET.