16, MARE LEYS, BUCKINGHAM, MK18 7AX - £250,000

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.

16 MARE LEYS is a small extended detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £391,235. It was last sold for £250,000 in September 2013, which was around 54% below the average September 2013 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

16 MARE LEYS Sold Prices

Land registry data shows two sales for 16 MARE LEYS 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 16 MARE LEYS 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
2013 2 SEP	£250,000	£544,966	54% below HPI
1997 17 APR	£90,000	£176,563	49% below HPI

16 MARE LEYS 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 16 MARE LEYS sales from April 1997 and September 2013 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 1997 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2013 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 16 MARE LEYS be worth now?

16 MARE LEYS might now be worth an estimated £391,235.

This is based on house price inflation of 56.5%, between September 2013 and March 2026, 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 56.5% inflationary increase is applied to the most recent sale price for 16 MARE LEYS of £250,000 on 2nd September 2013. For the value to have increased from £250,000 to £391,235 over the thirteen years and six months to March 2026, the following assumptions must hold true:

• The value of 16 MARE LEYS has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The September 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARE LEYS has not materially changed since September 2013.

How Large is 16 MARE LEYS?

16 MARE LEYS is 105m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses houses in Buckingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buckingham, and where 16 MARE LEYS lies on this distribution: 26% of detached houses houses are smaller than 16 MARE LEYS, and 74% of houses are larger. Note that EPC data is not available for all properties in Buckingham.

16 MARE LEYS: Plot and Title Map

16 MARE LEYS sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 16 MARE LEYS, 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 16 MARE LEYS). 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 16 MARE LEYS?

16 MARE LEYS is located in BUCKINGHAM, in the MK18 postcode district. The below map shows the position of No. 16 on MARE LEYS.