MILLSTONE, ROSETREE CLOSE, PRESTWOOD, GREAT MISSENDEN, HP16 9EW - £507,500

MILLSTONE is a very small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £507,500 in September 2018, which was around 30% below the average September 2018 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

MILLSTONE Sold Prices

Land registry data shows four sales for MILLSTONE 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. All of the four MILLSTONE 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 SEP	£507,500	£727,407	30% below HPI
2009 14 AUG	£382,500	£431,726	11% below HPI
2006 31 MAY	£300,000	£414,644	28% below HPI
2002 26 SEP	£250,000	£356,728	30% below HPI

MILLSTONE 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 MILLSTONE sales between September 2002 and September 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 August 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is MILLSTONE?

MILLSTONE is 88m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Prestwood, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwood, and where MILLSTONE lies on this distribution: 10% of detached houses are smaller than MILLSTONE, and 90% of houses are larger. Note that EPC data is not available for all properties in Prestwood.

MILLSTONE: Plot and Title Map

MILLSTONE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of MILLSTONE, 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 MILLSTONE). 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 MILLSTONE?

MILLSTONE is located on ROSETREE CLOSE in PRESTWOOD, in the HP16 postcode district. The below map shows the position of MILLSTONE on ROSETREE CLOSE.