LAVENDER COTTAGE, ASKETT, PRINCES RISBOROUGH, HP27 9LT - £595,000

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.

LAVENDER COTTAGE is a very small extended detached house of 117m², built sometime before 1900, which could now be worth an estimated £714,563. It was last sold for £595,000 in December 2016, which was around 17% below the average December 2016 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

LAVENDER COTTAGE Sold Prices

Land registry data shows five sales for LAVENDER COTTAGE 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 LAVENDER COTTAGE 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 6 DEC	£595,000	£720,931	17% below HPI
2012 31 OCT	£485,000	£519,296	7% below HPI
2009 2 OCT	£446,000	£462,601	4% below HPI
2004 1 APR	£305,000	£399,591	24% below HPI
1998 24 JUL	£190,000	£219,210	13% below HPI

LAVENDER COTTAGE 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 LAVENDER COTTAGE sales between July 1998 and December 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 October 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might LAVENDER COTTAGE be worth now?

LAVENDER COTTAGE might now be worth an estimated £714,563.

This is based on house price inflation of 20.1%, between December 2016 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 20.1% inflationary increase is applied to the most recent sale price for LAVENDER COTTAGE of £595,000 on 6th December 2016. For the value to have increased from £595,000 to £714,563 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of LAVENDER COTTAGE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The December 2016 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of LAVENDER COTTAGE has not materially changed since December 2016.

How Large is LAVENDER COTTAGE?

LAVENDER COTTAGE is 117m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses houses in Askett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Askett, and where LAVENDER COTTAGE lies on this distribution: 17% of detached houses houses are smaller than LAVENDER COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Askett.

LAVENDER COTTAGE: Plot and Title Map

LAVENDER COTTAGE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of LAVENDER COTTAGE, 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 LAVENDER COTTAGE). 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 LAVENDER COTTAGE?

LAVENDER COTTAGE is located in ASKETT, in the HP27 postcode district. The below map shows the position of LAVENDER COTTAGE in ASKETT.