2 THE COTTAGES, LONGWICK MILL, LOWER ICKNIELD WAY, LONGWICK, PRINCES RISBOROUGH, HP27 9BB - £550,000

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.

2 THE COTTAGES LONGWICK MILL is a small terraced house of 122m², built sometime between 2003 and 2006, which could now be worth an estimated £610,325. It was last sold for £550,000 in December 2020, which was around 65% above the average December 2020 terraced price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

2 THE COTTAGES LONGWICK MILL Sold Prices

Land registry data shows three sales for 2 THE COTTAGES LONGWICK MILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Buckinghamshire local authority area for the corresponding sale date. All of the three 2 THE COTTAGES LONGWICK MILL 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
2020 14 DEC	£550,000	£332,424	65% above HPI
2007 19 SEP	£399,950	£232,591	72% above HPI
2004 12 JAN	£325,000	£171,054	90% above HPI

2 THE COTTAGES LONGWICK MILL Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Buckinghamshire local authority area over time, sourced from the HPI. The three 2 THE COTTAGES LONGWICK MILL sales between January 2004 and December 2020 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 September 2007 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the December 2020 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 2 THE COTTAGES LONGWICK MILL be worth now?

2 THE COTTAGES LONGWICK MILL might now be worth an estimated £610,325.

This is based on house price inflation of 11%, between December 2020 and June 2025, for terraced 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 11% inflationary increase is applied to the most recent sale price for 2 THE COTTAGES LONGWICK MILL of £550,000 on 14th December 2020. For the value to have increased from £550,000 to £610,325 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 2 THE COTTAGES LONGWICK MILL has moved in line with the HPI for terraced houses in the Buckinghamshire local authority area.
• The December 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE COTTAGES LONGWICK MILL has not materially changed since December 2020.

How Large is 2 THE COTTAGES LONGWICK MILL?

2 THE COTTAGES LONGWICK MILL is 122m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of terraced houses houses in Longwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Longwick, and where 2 THE COTTAGES LONGWICK MILL lies on this distribution: 39% of terraced houses houses are smaller than 2 THE COTTAGES LONGWICK MILL, and 61% of houses are larger. Note that EPC data is not available for all properties in Longwick.

2 THE COTTAGES LONGWICK MILL: Plot and Title Map

2 THE COTTAGES LONGWICK MILL sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 2 THE COTTAGES LONGWICK MILL, 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 2 THE COTTAGES LONGWICK MILL). 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 2 THE COTTAGES LONGWICK MILL?

2 THE COTTAGES LONGWICK MILL is located on LOWER ICKNIELD WAY in LONGWICK, in the HP27 postcode district. The below map shows the position of 2 THE COTTAGES LONGWICK MILL on LOWER ICKNIELD WAY.