32, PROSPECT PLACE, WING, LEIGHTON BUZZARD, LU7 0NT - £215,000

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.

32 PROSPECT PLACE is a very small extended terraced house of 62m², built sometime before 1900, which could now be worth an estimated £251,002. It was last sold for £215,000 in September 2020, which was around 34% below the average September 2020 terraced price in the Buckinghamshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

32 PROSPECT PLACE Sold Prices

Land registry data shows five sales for 32 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Buckinghamshire local authority area for the corresponding sale date. All of the five 32 PROSPECT PLACE 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
2020 17 SEP	£215,000	£324,116	34% below HPI
2015 27 FEB	£190,000	£261,584	27% below HPI
2010 27 AUG	£167,000	£220,437	24% below HPI
2004 11 AUG	£162,500	£189,671	14% below HPI
1998 27 FEB	£54,000	£84,780	36% below HPI

32 PROSPECT PLACE 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 five 32 PROSPECT PLACE sales between February 1998 and September 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 February 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 32 PROSPECT PLACE be worth now?

32 PROSPECT PLACE might now be worth an estimated £251,002.

This is based on house price inflation of 16.7%, between September 2020 and July 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 16.7% inflationary increase is applied to the most recent sale price for 32 PROSPECT PLACE of £215,000 on 17th September 2020. For the value to have increased from £215,000 to £251,002 over the six years and two months to July 2026, the following assumptions must hold true:

• The value of 32 PROSPECT PLACE has moved in line with the HPI for terraced houses in the Buckinghamshire local authority area.
• The September 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 32 PROSPECT PLACE has not materially changed since September 2020.

How Large is 32 PROSPECT PLACE?

32 PROSPECT PLACE is 62m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of terraced houses houses in Wing, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wing, and where 32 PROSPECT PLACE lies on this distribution: Less than 1% of terraced houses houses are smaller than 32 PROSPECT PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wing.

32 PROSPECT PLACE: Plot and Title Map

32 PROSPECT PLACE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 32 PROSPECT PLACE, 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 PROSPECT PLACE). 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 PROSPECT PLACE?

32 PROSPECT PLACE is located in WING, in the LU7 postcode district. The below map shows the position of No. 32 on PROSPECT PLACE.