8, MEAD CLOSE, PRINCES RISBOROUGH, HP27 9JL - £475,000

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.

8 MEAD CLOSE is a very small semi-detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £490,673. It was last sold for £475,000 in July 2022, which was around 4% above the average July 2022 semi-detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

8 MEAD CLOSE Sold Prices

Land registry data shows two sales for 8 MEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Buckinghamshire local authority area for the corresponding sale date. One of the two 8 MEAD CLOSE sales was for above the average price, whilst the other was 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
2022 27 JUL	£475,000	£455,886	4% above HPI
2011 16 DEC	£250,000	£264,903	6% below HPI

8 MEAD CLOSE 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 two 8 MEAD CLOSE sales from December 2011 and July 2022 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 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 8 MEAD CLOSE be worth now?

8 MEAD CLOSE might now be worth an estimated £490,673.

This is based on house price inflation of 3.3%, between July 2022 and April 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 3.3% inflationary increase is applied to the most recent sale price for 8 MEAD CLOSE of £475,000 on 27th July 2022. For the value to have increased from £475,000 to £490,673 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 8 MEAD CLOSE has moved in line with the HPI for semi-detached houses in the Buckinghamshire local authority area.
• The July 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MEAD CLOSE has not materially changed since July 2022.

How Large is 8 MEAD CLOSE?

8 MEAD CLOSE is 64m² according to the EPC inspection conducted in October 2021. 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 8 MEAD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 8 MEAD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Princes Risborough.

8 MEAD CLOSE: Plot and Title Map

8 MEAD CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 8 MEAD 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 8 MEAD 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 8 MEAD CLOSE?

8 MEAD CLOSE is located in PRINCES RISBOROUGH, in the HP27 postcode district. The below map shows the position of No. 8 on MEAD CLOSE.