5, PARKFIELD RISE, PRINCES RISBOROUGH, HP27 0DW - £349,000

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 PARKFIELD RISE is a very small semi-detached house of 64m², built sometime between 2003 and 2006, which could now be worth an estimated £416,396. It was last sold for £349,000 in July 2018, which was around 13% below the average July 2018 semi-detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was B.

5 PARKFIELD RISE Sold Prices

Land registry data shows three sales for 5 PARKFIELD RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Buckinghamshire local authority area for the corresponding sale date. Two of the three 5 PARKFIELD RISE sales were for below the average price, whilst one was 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
2018 23 JUL	£349,000	£401,615	13% below HPI
2012 12 JAN	£248,000	£264,950	6% below HPI
2006 31 MAR	£249,000	£235,782	6% above HPI

5 PARKFIELD RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The three 5 PARKFIELD RISE sales between March 2006 and July 2018 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 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 PARKFIELD RISE be worth now?

5 PARKFIELD RISE might now be worth an estimated £416,396.

This is based on house price inflation of 19.3%, between July 2018 and May 2026, for semi-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 19.3% inflationary increase is applied to the most recent sale price for 5 PARKFIELD RISE of £349,000 on 23rd July 2018. For the value to have increased from £349,000 to £416,396 over the eight years and two months to May 2026, the following assumptions must hold true:

• The value of 5 PARKFIELD RISE has moved in line with the HPI for semi-detached houses in the Buckinghamshire local authority area.
• The July 2018 sale price of £349,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARKFIELD RISE has not materially changed since July 2018.

How Large is 5 PARKFIELD RISE?

5 PARKFIELD RISE is 64m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of semi-detached houses houses in Princes Risborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Princes Risborough, and where 5 PARKFIELD RISE lies on this distribution: 2% of semi-detached houses houses are smaller than 5 PARKFIELD RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Princes Risborough.

5 PARKFIELD RISE: Plot and Title Map

5 PARKFIELD RISE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 5 PARKFIELD RISE, 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 PARKFIELD RISE). 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 PARKFIELD RISE?

5 PARKFIELD RISE is located in PRINCES RISBOROUGH, in the HP27 postcode district. The below map shows the position of No. 5 on PARKFIELD RISE.