LETTER BOX COTTAGE, SHOOTACRE LANE, PRINCES RISBOROUGH, HP27 9EH - £625,000

LETTER BOX COTTAGE is a midsized extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £625,000 in October 2020, which was around 14% below the average October 2020 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

LETTER BOX COTTAGE Sold Prices

Land registry data shows four sales for LETTER BOX COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. The four LETTER BOX COTTAGE sales were a mix of below the average price, roughly equal to the average price, and 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
2020 8 OCT	£625,000	£726,472	14% below HPI
2014 24 APR	£525,000	£525,327	Close to HPI
2005 8 APR	£406,000	£405,747	Close to HPI
2001 2 NOV	£345,000	£318,004	8% above HPI

LETTER BOX 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 four LETTER BOX COTTAGE sales between November 2001 and October 2020 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 April 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is LETTER BOX COTTAGE?

LETTER BOX COTTAGE is 127m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Princes Risborough, based on EPC data. The below chart shows the distribution of detached houses by size in Princes Risborough, and where LETTER BOX COTTAGE lies on this distribution: 51% of detached houses are smaller than LETTER BOX COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Princes Risborough.

LETTER BOX COTTAGE: Plot and Title Map

LETTER BOX COTTAGE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of LETTER BOX 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 LETTER BOX 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 LETTER BOX COTTAGE?

LETTER BOX COTTAGE is located on SHOOTACRE LANE in PRINCES RISBOROUGH, in the HP27 postcode district. The below map shows the position of LETTER BOX COTTAGE on SHOOTACRE LANE.