WESLEY COTTAGE, MAIN STREET, PADBURY, BUCKINGHAM, MK18 2AY - £465,000

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

WESLEY COTTAGE is a very small extended detached house of 115m², built sometime before 1900. It was last sold for £465,000 in February 2021, which was around 36% below the average February 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

WESLEY COTTAGE Sold Prices

Land registry data shows four sales for WESLEY COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the four WESLEY COTTAGE 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 25 FEB	£465,000	£725,425	36% below HPI
2011 18 MAY	£367,750	£486,445	24% below HPI
2010 18 JAN	£346,500	£458,786	24% below HPI
1997 25 APR	£145,000	£169,704	15% below HPI

WESLEY 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 four WESLEY COTTAGE sales between April 1997 and February 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 May 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is WESLEY COTTAGE?

WESLEY COTTAGE is 115m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses in Padbury, based on EPC data. The below chart shows the distribution of detached houses by size in Padbury, and where WESLEY COTTAGE lies on this distribution: 18% of detached houses are smaller than WESLEY COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Padbury.

WESLEY COTTAGE: Plot and Title Map

WESLEY COTTAGE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of WESLEY 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 WESLEY 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 WESLEY COTTAGE?

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