MILL COTTAGE, PLACE FARM WAY, MONKS RISBOROUGH, PRINCES RISBOROUGH, HP27 9JJ - £243,750

MILL COTTAGE is a very small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £243,750 in April 2008, which was around 50% below the average April 2008 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

MILL COTTAGE Sold Prices

Land registry data shows three sales for MILL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the three MILL 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
2008 3 APR	£243,750	£483,316	50% below HPI
2005 1 AUG	£268,000	£407,541	34% below HPI
2001 4 SEP	£210,000	£311,981	33% below HPI

MILL 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 three MILL COTTAGE sales between September 2001 and April 2008 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 August 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2008 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is MILL COTTAGE?

MILL COTTAGE is 87m² according to the EPC inspection conducted in June 2013. 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 MILL COTTAGE lies on this distribution: 14% of detached houses are smaller than MILL COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Princes Risborough.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of MILL 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 MILL 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 MILL COTTAGE?

MILL COTTAGE is located on PLACE FARM WAY in MONKS RISBOROUGH, in the HP27 postcode district. The below map shows the position of MILL COTTAGE on PLACE FARM WAY.