5, OLD FORGE CLOSE, TINGEWICK, BUCKINGHAM, MK18 4RH - £380,000

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.

5 OLD FORGE CLOSE is a midsized detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £450,171. It was last sold for £380,000 in July 2016, which was around 46% below the average July 2016 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

5 OLD FORGE CLOSE Sold Prices

Land registry data shows five sales for 5 OLD FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the five 5 OLD FORGE 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
2016 8 JUL	£380,000	£710,132	46% below HPI
2009 11 DEC	£250,000	£465,607	46% below HPI
2007 30 NOV	£268,000	£516,724	48% below HPI
2006 25 SEP	£235,000	£454,367	48% below HPI
1999 2 JUL	£130,000	£234,514	45% below HPI

5 OLD FORGE 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 five 5 OLD FORGE CLOSE sales between July 1999 and July 2016 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 2009 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2016 sale, which was also at 46% below the HPI.

What might 5 OLD FORGE CLOSE be worth now?

5 OLD FORGE CLOSE might now be worth an estimated £450,171.

This is based on house price inflation of 18.5%, between July 2016 and June 2025, 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 18.5% inflationary increase is applied to the most recent sale price for 5 OLD FORGE CLOSE of £380,000 on 8th July 2016. For the value to have increased from £380,000 to £450,171 over the nine years and one month to June 2025, the following assumptions must hold true:

• The value of 5 OLD FORGE CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The July 2016 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OLD FORGE CLOSE has not materially changed since July 2016.

How Large is 5 OLD FORGE CLOSE?

5 OLD FORGE CLOSE is 129m² according to the EPC inspection conducted in April 2009. This puts it in the largest 50% of detached houses houses in Tingewick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tingewick, and where 5 OLD FORGE CLOSE lies on this distribution: 52% of detached houses houses are smaller than 5 OLD FORGE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Tingewick.

5 OLD FORGE CLOSE: Plot and Title Map

5 OLD FORGE CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 5 OLD FORGE 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 5 OLD FORGE 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 5 OLD FORGE CLOSE?

5 OLD FORGE CLOSE is located in TINGEWICK, in the MK18 postcode district. The below map shows the position of No. 5 on OLD FORGE CLOSE.