48, SCHOOL ROAD, PENN, HIGH WYCOMBE, HP10 8EF - £1,625,000

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.

48 SCHOOL ROAD is a large extended detached house of 257m², built sometime between 1900 and 1929, which could now be worth an estimated £1,889,446. It was last sold for £1,625,000 in February 2019, which was around 118% above the average February 2019 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

48 SCHOOL ROAD Sold Prices

Land registry data shows two sales for 48 SCHOOL ROAD 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 48 SCHOOL ROAD 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
2019 20 FEB	£1,625,000	£744,622	118% above HPI
2016 1 JUL	£1,775,000	£710,132	150% above HPI

48 SCHOOL ROAD 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 48 SCHOOL ROAD sales from July 2016 and February 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 July 2016 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the February 2019 sale, where it falls to 118% above the HPI. The line then continues to track at 118% above the HPI.

What might 48 SCHOOL ROAD be worth now?

48 SCHOOL ROAD might now be worth an estimated £1,889,446.

This is based on house price inflation of 16.3%, between February 2019 and May 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 16.3% inflationary increase is applied to the most recent sale price for 48 SCHOOL ROAD of £1,625,000 on 20th February 2019. For the value to have increased from £1,625,000 to £1,889,446 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 48 SCHOOL ROAD has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The February 2019 sale price of £1,625,000 represented a fair market value for the property.
• The size, condition, and specification of 48 SCHOOL ROAD has not materially changed since February 2019.

How Large is 48 SCHOOL ROAD?

48 SCHOOL ROAD is 257m², which includes four extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses houses in Penn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penn, and where 48 SCHOOL ROAD lies on this distribution: 79% of detached houses houses are smaller than 48 SCHOOL ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Penn.

48 SCHOOL ROAD: Plot and Title Map

48 SCHOOL ROAD sits on a plot of roughly 0.350 of an acre, or 1,417m². The below map shows the location of 48 SCHOOL ROAD, 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 48 SCHOOL ROAD). 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 48 SCHOOL ROAD?

48 SCHOOL ROAD is located in PENN, in the HP10 postcode district. The below map shows the position of No. 48 on SCHOOL ROAD.