32, MARE LEYS, BUCKINGHAM, MK18 7AX - £227,500

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.

32 MARE LEYS is a very small extended terraced house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £270,039. It was last sold for £227,500 in April 2019, which was around 29% below the average April 2019 terraced price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

32 MARE LEYS Sold Prices

Land registry data shows three sales for 32 MARE LEYS 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 32 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
2019 29 APR	£227,500	£318,352	29% below HPI
2014 31 JAN	£159,500	£236,590	33% below HPI
2009 14 AUG	£148,000	£200,556	26% below HPI

32 MARE LEYS 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 32 MARE LEYS sales between August 2009 and April 2019 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 January 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 32 MARE LEYS be worth now?

32 MARE LEYS might now be worth an estimated £270,039.

This is based on house price inflation of 18.7%, between April 2019 and April 2026, 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 18.7% inflationary increase is applied to the most recent sale price for 32 MARE LEYS of £227,500 on 29th April 2019. For the value to have increased from £227,500 to £270,039 over the seven years to April 2026, the following assumptions must hold true:

• The value of 32 MARE LEYS has moved in line with the HPI for terraced houses in the Buckinghamshire local authority area.
• The April 2019 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 32 MARE LEYS has not materially changed since April 2019.

How Large is 32 MARE LEYS?

32 MARE LEYS is 59m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of terraced houses houses in Buckingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Buckingham, and where 32 MARE LEYS lies on this distribution: Less than 1% of terraced houses houses are smaller than 32 MARE LEYS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Buckingham.

32 MARE LEYS: Plot and Title Map

32 MARE LEYS sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 32 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 32 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 32 MARE LEYS?

32 MARE LEYS is located in BUCKINGHAM, in the MK18 postcode district. The below map shows the position of No. 32 on MARE LEYS.