3, CHENEY CLOSE, CUBLINGTON, LEIGHTON BUZZARD, LU7 0NA - £490,000

3 CHENEY CLOSE is a very small extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £490,000 in February 2017, which was around 30% below the average February 2017 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was D.

3 CHENEY CLOSE Sold Prices

Land registry data shows four sales for 3 CHENEY CLOSE 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 3 CHENEY CLOSE 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
2017 23 FEB	£490,000	£699,816	30% below HPI
2012 7 DEC	£400,000	£498,555	20% below HPI
2011 25 NOV	£360,000	£491,860	27% below HPI
2000 7 JUL	£219,000	£282,495	22% below HPI

3 CHENEY CLOSE 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 3 CHENEY CLOSE sales between July 2000 and February 2017 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 December 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 CHENEY CLOSE?

3 CHENEY CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Cublington, based on EPC data. The below chart shows the distribution of detached houses by size in Cublington, and where 3 CHENEY CLOSE lies on this distribution: 13% of detached houses are smaller than 3 CHENEY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cublington.

3 CHENEY CLOSE: Plot and Title Map

3 CHENEY CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 3 CHENEY CLOSE, 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 3 CHENEY CLOSE). 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 3 CHENEY CLOSE?

3 CHENEY CLOSE is located in CUBLINGTON, in the LU7 postcode district. The below map shows the position of No. 3 on CHENEY CLOSE.