MEDEWAY, SHOOTACRE LANE, PRINCES RISBOROUGH, HP27 9EH - £550,000

MEDEWAY is a very small detached house of 93m², built sometime between 1930 and 1949. It was last sold for £550,000 in May 2018, which was around 22% below the average May 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

MEDEWAY Sold Prices

Land registry data shows two sales for MEDEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two MEDEWAY 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
2018 18 MAY	£550,000	£701,336	22% below HPI
1997 6 OCT	£150,000	£189,160	21% below HPI

MEDEWAY 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 two MEDEWAY sales from October 1997 and May 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 October 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is MEDEWAY?

MEDEWAY is 93m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% 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 MEDEWAY lies on this distribution: 18% of detached houses are smaller than MEDEWAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Princes Risborough.

MEDEWAY: Plot and Title Map

MEDEWAY sits on a plot of roughly 0.224 of an acre, or 907m². The below map shows the location of MEDEWAY, 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 MEDEWAY). 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 MEDEWAY?

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