Chiltern District Council & South Bucks District Council ...

Dixon Searle Partnership

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Chiltern District Council &

South Bucks District Council

Appendix III v5

Market Values & Assumptions Research

Whole Plan and CIL Viability Study

Chiltern and South Bucks District Council

DSP 2018 – Project ref. 17526 i

Contents Page

Introduction 1

Economic Context / Housing Market Context 2

Residential Market Review 19

- Land Registry New Build Data 19

- Land Registry Re-sale Data 47

- Zoopla Average Values and Analysis 81

- DSP New-build housing asking price research and analysis 87

- Overall Market Analysis / Residential Values Summary 100

Sheltered Housing Research 93

Commercial Economic Context 95

Yield Guide 104

Commercial Values Research 106

- Commercial market reporting 106

- CoStar sourced data analysis 117

- VOA sourced data analysis 120

Stakeholder Consultation 122

- Phase 1 (Development Industry and AH Providers) 122

- Phase 2 (Strategic Site Promoters) 126

Land Values Economic Context / Research 128

Notes:

CoStar property resource extracts for research base follow the above.


DSP 2018 – Project ref. 17526 1

1.0 Introduction

1.1 Referred to within DSP’s Viability Assessment main report, this document – Appendix III

- provides an overview of the research undertaken into property values (residential

only), land values, general market commentary for both residential and commercial

property, together with the wider economic conditions – generally building on and

developing further the previous CIL Feasibility work carried out in 2016. Collectively,

this research aims to help inform the assumptions setting for the residential and

commercial appraisals and provides background evidence by building a picture of values

and the variation of those within both the Chiltern and South Bucks District.

1.2 This report will also provide both Councils with an indication of the type and sources of

data that it could monitor – revisit and update to further inform its ongoing work where

necessary in the future. Doing so would provide valuable context for monitoring the

delivery subsequent to setting policy positions and aspirations.

1.3 It should be acknowledged that this is high level work and a great deal of variance may

be seen in practice from one development to another (with site-specific characteristics).

This data gathering process adopted by DSP involves the review of a range of

information sources, so as to inform an overview that is relevant to and appropriate for

the project context. The aim here is to consider changes and trends and therefore

enable us to assess with the Council an updated context picture so far as is suitable and

practically possible.

1.4 This Appendix uses a range of extracts and quotes (shown in italic text to distinguish

those externally sourced information from DSP’s commentary and context / analysis),

with sources acknowledged.



2.0 Economic / Housing Market Context

Bank of England

2.1 The official Bank Rate (Base Rate) was increased from 0.25% to 0.5% in October 2017,

for the first time since August 2016. The Agent’s Summary of Business Conditions (as of

May 2018) stated:

• ‘Consumer spending growth slowed markedly, in part due to adverse weather.

• Recruitment difficulties became more broad-based; total labour cost growth rose.’

Office for National Statistics (ONS) – April 2018

2.2 The following extracts provide a high-level summary of the UK HPI for April 2018: -

• ‘Average house prices in the UK have increased by 3.9% in the year to April 2018

(down from 4.2% in the year to March 2018). This is its lowest annual rate since

March 2017 when it was 3.7%. The annual growth rate has slowed since mid-2016

and has remained under 5%, with the exception of October 2017, throughout 2017

and into 2018.

• The average UK house price was £227,000 in April 2018. This is £9,000 higher than

in April 2017 and £3,000 higher than last month.

• The main contribution to the increase in UK house prices came from England, where

house prices increased by 3.7% over the year to April 2018, with the average price in

England now £244,000. Wales saw house prices increase by 4.4% over the last 12

months to stand at £156,000. In Scotland, the average price increased by 5.6% over

the year to stand at £149,000. The average price in Northern Ireland currently stands

at £130,000, an increase of 4.2% over the year to Quarter 1 (Jan to Mar) 2018.

• On a regional basis, London continues to be the region with the highest average

house price at £485,000, followed by the South East and the East of England, which

stand at £325,000 and £286,000 respectively. The lowest average price continues to

be in the North East at £130,000.’



Land Registry

2.3 The April 2018 Land Registry House Price Index Report (published 13th June 2018)

provided the following information, in summary, in terms of market trends:

2.4 Report headlines for April 2018:

• the average price of a property in the UK was £226,906

• the annual price change for a property in the UK was 3.9%

• the monthly price change for a property in the UK was 1.2%

• the monthly index figure for the UK was 119

2.5 Economic Statement:

• ‘UK house prices rose by 3.9% in the year to April 2018, down from 4.2% in the

year to March 2018.

• Looking at the demand for housing, the Royal Institution of Chartered Surveyors’

(RICS) UK Residential Market Survey for April 2018 revealed their new buyer

enquiries series was more or less unchanged during April.

• On the supply side, RICS reported their new instructions continued to decline.

Average stock levels for estate agents remain near a record low. Both sales and

price expectations continue to be flat in the near term; however, there is greater

optimism in the longer-term outlook, particularly for prices.

• In the Bank of England’s Agents’ summary of business conditions for the period

covering late February to mid-April, Agents reported subdued market activity

overall. Both demand and supply were weak in the market for existing properties,

whereas demand for new builds had been robust, supported by Help to Buy.

There was some excess supply in the south and excess demand in the north,

leading to a modest excess of supply overall.

• The UK Property Transaction Statistics for April 2018 showed that on a seasonally

adjusted basis, the number of transactions on residential properties with a value

of £40,000 or greater was 100,190. This is 2.7% lower compared to a year ago.

Between March and April 2018, transactions increased by 3.5%.

• The Bank of England’s Money and Credit release showed that on a seasonally

adjusted basis, 62,455 mortgages were approved in April 2018. This is a decrease



of 347 from the previous month and is below the 6-month average of 63,968.

Mortgage approvals are seen to be a leading indicator of transactions volumes.

• Looking at the country and English regional level, the South West was the fastest

growing region with an annual growth rate of 6.1%, up from 5.3% in the previous

month. This was closely followed by the West Midlands at 5.9%. London was the

slowest growing region at 1%, up from -0.5% in the previous month. This is the

6th consecutive month that London has the lowest annual growth rate of any UK

country or English region.’

2.6 The April 2018 report stated: -

For England overall:

• Annual change in average house prices 3.7% (positive)

• Monthly change in average house prices 1.1% (positive)

• Average price £243,639

For the South East overall:

• Annual change in average house prices 3.5% (positive)

• Monthly change in average house prices 0.9% (positive)


For the Chiltern District overall:

• Annual change in average house prices -1.4% (negative)

• Monthly change in average house prices -5.39% ( negative)


For the South Bucks District overall:

• Annual change in average house prices -4.31% (negative)

• Monthly change in average house prices -2.39% ( negative)




2.7 The above latest available data (to April 2018) indicates that average house prices in

both Districts, viewed on an annual basis, decreased compared with both England and

the South East region overall which continue to show positive growth. At this level, the

latest data does indicate a slowing of house prices in both Districts generally. However,

the sales volume data has remained fairly static since October 2017. Since our previous

CIL Feasibility Study in 2016, the Land Registry data shows a marginal increase in house

prices of 0.62% but overall house price growth has remained fairly static.

Notwithstanding the above, during the course of the research phase, discussions with

local agents continue to suggest a positive albeit challenging picture of the Chiltern and

South Bucks property market (linked in the most part to the present uncertainty

surrounding the UK’s exit of the European Union).

2.8 As the project progressed through to draft / final reporting stage, we considered it

important to continue reviewing market activity and whether the tone of the housing

market had changed between project inception in February 2018 and the final project

phases in Autumn 2018.

2.9 We have therefore analysed the Land Registry HPI for both District areas since February

2018. This data clearly shows that house prices have remained fairly static in Chiltern

District at -0.48% change compared to a minor increase in values of approximately 5%

in the South Bucks District. See relevant graphs set out below. It is worth noting, during

that period, sales volumes have also remained fairly static for both District areas which

is not unexpected given the continued economic uncertainty.

See Figure 1 on the following page.



2.10 In October 2018 we spoke to local agents Savills and Knight Frank in both Chiltern

District and South Bucks District who have echoed our commentary above. Both agents

explained that the market continues to remain subdued at present, related principally

to the economic uncertainty with Brexit, however properties that are currently being

marketed which are competitively priced do sell. In addition to the condition of the

market generally, we also sought their view on our suggested new build property value

range of between £5,000 and £6,000/m2, which both agents agreed was reasonable and

corresponds with their experience of new build properties in the Chiltern / South Bucks

market.

108

110

112

114

116

118

120

122

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126

128

2018-02 2018-03 2018-04 2018-05 2018-06 2018-07 2018-08

Lan

d R

egis

try

HP

I

Date - monthly

Chiltern DC and South Bucks DC - Land Registry HPI Analysis Feb-18 to Sep-18

'Chiltern DC HPI' 'South Bucks DC HPI'

Expon. ('Chiltern DC HPI') Expon. ('South Bucks DC HPI')



RICS Residential Market Report (May 2018)

2.8 Headline reads: ‘Activity indicators still point to little impetus’

• ‘New instructions edge into positive territory for the first time since 2016

• Buyer demand continues to decline but to a lesser extent than that the beginning of

the year;

• Results continue to suggest significant regional variation across the country’

2.9 ‘The May 2018 RICS Residential Market Survey results are tentatively showing some

signs of stability coming through on the supply side, with the new instructions indicator

moving out of negative territory for the first time in 27 months. That said, this was

insufficient to shift overall market sentiment materially with activity remaining more or

less flat. Moreover forward looking metrics for prices and sales suggest the market is

unlikely to gain impetus, at least in the near term.

2.10 The headline RICS price balance came in at -3% in May pointing to no change in house

prices over the month, following a marginal decline in April (net balance -7%). However,

as has been the case for some time, there are material regional dimensions to this trend.

The capital continues to return the most negative sentiment with the London series

signalling a fall in prices once again.

2.11 At the same time, downward pressure on prices was reported across the wider South

East (albeit to a slightly lesser extent than in the capital). Notably, after nearly three

years of solid price growth, momentum appears to have slipped across the South West

with the price balance in negative territory for the second month in a row. By way of

contrast, house prices continue to rise firmly in the Midlands, the North West, Wales,

Northern Ireland and Scotland.

2.12 Near term price expectations point to a marginal decline on a UK-wide basis, with the

net balance coming in at -9%. That said, this is mainly driven by a negative outlook for

prices across the south of England. Further out, prices are expected to rise to a greater

or lesser extent across all areas of the country. London stands as the only region where

prices are expected to decline on a twelve-month basis.

2.13 In the latest results, there are indications of a more stable trend in supply with the new

instructions indicator edging into positive territory for the first time in more than two



years. Furthermore, in London, the new instructions series has now been positive for

three consecutive months. Even so, the net balance reading of +5% for the UK as a whole

is still consistent with a relatively flat trend in new instructions. Furthermore average

stock levels on estate agents books were broadly steady at 42.5, close to an all time low.

It therefore remains to be seen whether this marks the beginning of supply pressures

finally easing across the market. When contributors were asked to compare appraisals

that were undertaken in May with the same period of last year, 18% more stated they

are lower on this like for like basis. This does not appear to bode particularly well for the

new instructions pipeline going forward.

2.14 Turning to demand, buyer enquiries fell once again although the decline was modest in

comparison to the trend noted at the beginning of the year. Six out of the twelve

regions/countries covered in the survey saw an increase in new buyer enquiries over the

month, again highlighting the mix bag of result across the UK.

2.15 Meanwhile, agreed sales held broadly steady for the second successive report and,

significantly, the net balance of -2% represents the least negative reading for fourteen

months. However the regional breakdown suggests that sales are rising firmly in just

four regions whilst sales trends are either flat or negative across the rest of the UK.

Looking ahead, respondents expect little change in transactions over the coming

months, at least at the national level, although the twelve-month outlook is marginally

more positive. Contributors in Scotland and Northern Ireland returned the strongest

sales outlook over both the three and twelve-month horizon. Elsewhere, although still

positive, sales growth is expected to be only modest.

2.16 Turning to the lettings market, demand for rented properties remained unchanged (on

a non-seasonally adjusted basis) extending a run of five consecutive reports where

respondents have reported flat tenant demand. Alongside this, landlord instructions

remain in decline, although, admittedly the fall in May was not as significant as those

posted in the previous few reports. Given the lack of supply, rents are envisaged to

increase further at the national level over the year ahead.’

Savills: Residential Property Forecasts – Autumn 2017

The Six Factors that underpin our housing forecasts



2.17 ‘Forecasting house prices is not for the faint hearted. Getting it right presupposes you

have made the right economic assumptions, can predict the direction of government and

Bank of England policy and have the ability to foresee the fickle nature of buyer

sentiment. And yet there is plenty we do know, or can predict with confidence, that

allows us to best estimate the future of the housing market. In particular, there are six

key factors (right) that influence our forecasts.

2.18 They show how the UK housing market has many moving parts. How we occupy our

property changes over time and between generations. That means house prices, which

we consider at a regional and national level on page 4, are just part of the picture.

Transaction levels can be as much of a variable, whether across the market or among

different groups of buyers.

1. In the short term, there will be uncertainty over what Brexit means for the UK

economy and, just as importantly, for individual households’ wealth and financial

security. While it will take time for the precise impact to become clear, this

uncertainty will make buyers more cautious in the short term at least.

2. Mortgage interest rates in the UK are likely to rise over the next five years. That

is likely to put a squeeze on the amount people can borrow in an age of mortgage

regulation. Dramatic increases in the cost of borrowing, that would create undue

financial stress on households, are unlikely.

3. Buy-to-let investors are now beginning to feel the effect of the mortgage

regulations that owner-occupier have lived with since 2014. They also now bear

greater stamp duty costs and, unless there is a chance of political heart, will

increasingly be affected by restrictions on income tax relief.

4. London has shown much greater house price growth than the rest of the country

for the majority of the past decade. So, it is likely to be more constrained than

the rest of the country by factors above.

5. In previous cycles, we have always reached a point where house price growth in

the north of the country exceeds that in the South. In the past, it was facilitated

by a strong economy or relatively unrestricted access to mortgages.

6. We are not building enough homes of the right type in the right places to meet

demand. However, there seems to be an increased political desire to address this.

2.19 We expect house price growth to slow next year as uncertainty weighs down the market.

There is capacity for growth later on, but this will be tempered by interest rate rises. This



means that we expect UK house price growth to be limited to 14% in total over the next

five years, half the level seen over the last five.

2.20 What’s holding back growth? Right now, uncertainty. With the UK’s future relationship

with the EU up in the air, we’ve seen the UK’s credit rating downgraded, the pound

weakened, and the economy subdued. Inflation has cut into people’s earnings, with the

ONS reporting that incomes fell by 0.4% last year in real terms. Against this economic

backdrop, there are no strong drivers for house price growth over inflation next year.

2.21 What about the following year? We expect the market to return to growth in 2019-20,

as employment growth, wage growth, and GDP growth swing back towards trend levels.

But in the longer term, we will face the impact of interest rate rises. Any rise in the Bank

of England base rate, no matter how gradual or limited, will increase the cost of

borrowing for households with a variable-rate mortgage. It will also hit households

looking to agree a new mortgage: lenders must apply an interest rate ‘stress test’ to

make sure their borrowers can afford repayments should rates rise. These new tests will

push mortgage availability out of the reach of more households. This is what limits our

growth forecasts for 2021 and 2022. With mortgage affordability increasingly

constrained, any house price growth will be driven by earnings growth.

2.22 If everything is so uncertain, how do you know this is what’s going to happen to the

market? We base our forecasts on what Oxford Economics estimates is the most likely

Brexit scenario: that the UK will have an interim EU deal from March 2019, then move

to a free trade agreement. Clearly, other outcomes are possible; each having an impact

on price growth. We also assume no major Brexit-related job losses and a Conservative

minority government until 2022.

2.23 How do the different regions compare? Price growth will be most sluggish in areas where

affordability is most stretched; particularly London and the commuter belt. Affordability

in the capital is already more stretched than the rest of the UK, putting a brake on

growth. But areas beyond the Home Counties have potential for growth: incomes have

grown more in line with house prices, aiding affordability. That’s why we expect the

North to outperform London and the rest of the country. The North West, in particular,

has a robust economic outlook and strong employment growth. And house prices sit at

a modest multiple of average incomes: 5.6 times in the North West, compared with 12.9

times in London. But these are trends for diverse regions. London contains ultra-prime



Kensington and Chelsea, and up-and-coming Waltham Forest. The North West has

affluent markets such as Trafford, along with less wealthy areas, such as Burnley. In

general, we’d expect price trends to follow the same pattern we predict at a regional

level. Prices will grow fastest in areas that are well-connected to markets.

What the Future Holds

2.24 Our timeline show how political and economic uncertainty could influence the

mainstream property market between now and 2022.

• 2018 – Brexit uncertainty cools the market. Low transactions and growth.

• 2019 – Some certainty returns to the market as we move to a transitional

agreement with the EU. Transactions and house prices start to recover.

• 2020 – The last scraps of buy-to-let mortgage interest tax relief are withdrawn.

Continued recovery, tempered by slightly impinged mortgage affordability.

• 2021 – Interest rate rises begin in earnest. Affordability stress-testing limits

access to mortgage finance. House price growth more limited, but transactions

continue their recovery.



• 2022 – Interest rates continue to increase, dampening house price growth

further. Another general election brings fresh uncertainty to the market. Limited

house price growth transactions stabilise.

Changing fortunes for buyer

2.25 In the year to the end of June 2017, there were 1.2 million transactions in the UK housing

market, half a million fewer than 10 years ago. This reduction in number is one of the

legacies of the credit crunch, but how is it shaping the property market? We examine

what it means for four buyer types using past, present and predicted transaction data.

2.26 Much is made of the plight of first-time buyers. Receiving significant support from the

Bank of Mum and Dad and, to a lesser but still important degree, the Help to Buy scheme,

they ended the 12 months to the end of June within 5% of their pre-crunch level.

2.27 The potential for further significant growth in this number, however, is limited in an age

of mortgage regulation where deposits are likely to remain high. But the constraints

which this imposes vary across the country, and the extremes seen in London are

unrepresentative of the majority of the rest of the UK. In the South East, the constraints

are less acute, but still significant. In this region, the average household income of first-

time buyers exceeds £50,000, and the average mortgage stands at more than four times

that figure. Meanwhile, the average deposit is a considerable £48,000. Who is able to

buy is restricted by their ability to raise that kind of sum for a deposit, along with the

need to have a substantial household income. There seems little capacity to stretch loan-

to-income multiples much further than they already stand and, as a result, that is likely

to limit growth in first-time buyers in this part of the country.

2.28 By contrast, in the North West, the average income of a first-time buyer is just over

£35,000, and the average mortgage is 3.24 times that sum. The average deposit –

though certainly not to be sniffed at – is considerably less, at £19,000. And, while there

are still undoubted constraints to be found in this area of the UK, they are not nearly as

great as those experienced by their South-East counterparts.

Mortgaged Home Movers



2.29 The number of mortgaged home movers is only marginally higher than first-time buyers.

Transactions have risen by less than 10% in the past five years, far less than the 29%

across the housing market as whole.

2.30 In part, this activity reflects falling levels of home ownership. It also reflects a lack of

earnings growth and rising levels of consumer credit that impinge on the ability to obtain

a larger mortgage. But, perhaps more crucially, it points to households moving up the

housing ladder less often. This reflects the longer time it takes to build up equity to make

the next move – not just with house price growth, but paying down existing mortgage

debt. A period of low house price growth will do little to help people build up sufficient

housing wealth to be confident of moving up the ladder, although this should ease over

the five years of our forecast period. In London, the cost of buying a house with an extra

bedroom – and the ability to get a mortgage to do so – is likely to drive demand into the

commuter zone, where upsizers get more for their money.

2.31 Buy-to-let investors have had the triple hit of extra stamp duty, restricted tax relief on

their interest payments, and mortgage regulation. This has led to a large fall in

purchases of investment property by those using a mortgage. The stamp duty surcharge

has raised far more revenue for the Treasury than was envisaged, largely through the

volume of cash investors. Changes seem unlikely. Meanwhile, the effect of restricted tax

relief is probably yet to show its hand, given the benign interest rate environment and

its staggered introduction. Mortgage regulation has had a more immediate impact since

its introduction for small private landlords in January 2017 and was applied to portfolio

landlords in October. It seems likely we’ll see mortgaged buy-to-let numbers fall further,

with investors looking to cheaper, higher-yielding properties to make the sums add up –

often outside London and the South. Cash buyers have become more dominant, and now

account for 34% of all house purchases – but they’re likelier to be cost cautious.



Transactions

2.32 The number of cash buyers has become much more dominant in the market – they now

account for some 34% of all house purchases, and 45% of all sums spent on house

purchase. Amongst this group, investors, second-home buyers and those buying a home

for other family members, now have to contend with the 3% stamp duty surcharge. All

are likely to be slightly more cautious in weaker market conditions, given the additional

‘dead-money’ they will have to pay. Cash investors, in particular, are likely to become a

little more cost conscious, particularly as returns from alternative investments begin to

rise in a higher interest rate environment. Second-home buyers, who are essentially

making a discretionary purchase, are likely to be fickler, particularly compared to those

looking to buy a home for a family member, where the need is likely to result in a greater

urgency to purchase. That, in turn, leaves downsizers, who we believe are likely to

increase in number as they seek to release capital – either to help get their children or

grandchildren on the housing ladder, or to further supplement their pensions and savings

for retirement. For developers, the key will be to build suitable retirement housing to

help facilitate those moves.

Help To Buy

2.33 Across the board, it remains to be seen exactly what will happen when Help to Buy comes

to an end in 2021. The scheme is currently supporting 40,000 new house purchases a

year across England, which has been underpinned by the announcement of another £10

billion of funding. Being of such importance to the housebuilding industry, we expect

that it will be extended in some form. But, concerns over the extent to which it is fuelling

house builder profits, and its effectiveness at getting people on the housing ladder,

means it may be reduced in scope. One possibility may be that it becomes more targeted.



Currently, the average person using the scheme is buying a property worth £270,000,

and has a yearly household income of £53,000. First-time buyers make up 81% of Help

to Buy loans; 36% are putting down a deposit of more than 5%.

Pushed to the Limit

2.34 As wages return to growth, rents for the mainstream market look set to grow faster in

London – although there is still potential outside the capital, with high-yielding

employment hubs. There are two major factors helping to put the brakes on rental

growth in the near term. First: supply. When the former Chancellor announced a 3%

stamp duty surcharge on additional homes in 2016, buy-to-let investors scrambled to

buy properties before the 31 March deadline. As a result, we saw a glut of properties

marketed for rent in the second half of 2016 and early 2017, which has helped to keep

rental value growth low. Asking rents across England and Wales grew just 1.9% in the

year to June 2017, and fell by 3.2% in London.

2.35 Since June, the London market seems to have accommodated this new supply and rental

values have stabilised. And with government removing tax relief on buy-to-let mortgage

payments, we expect to see new rental supply slow down over the next few years –

unless build to rent developers can step in to fill the gap.

2.36 The second major factor affecting rental values over the longer term is affordability.

Historically, rents have grown largely in line with wages. However, recent wage growth

in the UK has been stagnant as Brexit-wary employers try to limit their costs. With rising

levels of employment, this is forecast to change, with incomes set to head back to real

growth by 2019.

2.37 Given how tightly affordability is stretched in London, and the levels of supply we have

seen over the last two years, we see no pressure for rents to rise in excess of wage

growth. Withdrawal of mortgage interest tax relief will push investors from London to

higher-yielding regional locations. Increased rental supply there will dampen potential

rental growth. The outlook is strongest for cities that attract employees from high-value

sectors such as finance, technology, and professional.



Stepping up on delivery

2.38 To have any impact on affordability, we need to build more homes. We look at the

catalysts that could shape meaningful progress: government pressure on developers,

new housebuilders, and increasing land supply. The housebuilding industry is producing

210,000 new homes per year in England, more than at any time since the global financial

crisis (GFC). But there is still a need to do more. The Government’s consultation on

assessing housing need sets annual housing need in England at 266,000, while the House

of Lords Economic Affairs Committee suggested over 300,000 new homes are needed

each year to have any impact on affordability.

Government Pressure

2.39 The white paper explicitly identifies slow delivery as one of the major difficulties facing

the housing market. It proposes a more streamlined approach to planning, giving local

authorities increased powers to deliver community infrastructure, and applying a

standardised method to calculating housing need that could result in increased land

supply in high-demand areas. It also suggests that local planning authorities could have

powers to turn down applications from developers who have not shown a strong track

record of delivering previously consented sites.

2.40 The Government wants to hold developers to account for new home delivery and ensure

sites with planning permission are built. Although it’s unclear how this will take effect, it

is evident that this pressure, combined with the new housing delivery test for local

authorities, means that the development industry can’t merely maintain current levels

of delivery.



Demand and Delivery

2.41 A step change in delivery is most likely to come from new entrants to the market. Over

the past 18 months, we’ve seen small and medium housebuilders, much reduced during

the GFC, re-enter the land market. But their resurgence relies on government support

and continued housing market strength.

2.42 Institutional investors are also starting to fund build-to-rent schemes. In the UK, 17,000

build-to-rent homes have been completed, but this is an emerging sector. We expect

delivery to increase as confidence grows; 79,000 build-to-rent units are in the

development pipeline.

2.43 The greatest untapped potential comes from housing associations. The Savills Housing

Sector Survey 2017 revealed that 66% of housing associations plan to deliver market-

sale homes over the next five years, and more than 80% want to build homes for shared

ownership or affordable rent. Delivering affordable housing increases the potential for

absorption of new homes and allows for continued housebuilding in the event of a

market downturn.

2.44 If housing associations are to achieve these ambitions, they need to have access to land

and construction capacity, either their own or through partnerships. In our survey, 82%

of housing associations said they plan to or are considering partnering with a private

developer in the next five years. As many traditional builders are at capacity, the new

development ambitions of housing associations could start to bring modern methods of

construction (MMC) into the mainstream. We estimate that there could be capacity to

build over 60,000 homes per year through MMC by 2022.

Land Availability

2.45 The potential to deliver homes will always be limited by the supply of land, especially in

high-demand areas. The planning system could do more to respond to market signals to

release land where affordability is most stretched. While the number of homes gaining

permission, each year has increased 56% since the 2012 introduction of the National

Planning Policy Framework, this has been spread across England, and not where new

homes are needed the most.

2.46 For housing delivery to reach 300,000 homes per year, we need to make full use of the

untapped market capacity in higher-demand areas. There is a shortfall of almost 90,000



planning consents each year in the least affordable areas in the country. More land

availability in these areas would allow new entrants in the market without pushing up

land values. This can then support higher output from smaller developers and mixed

tenure delivery programmes from housing associations, which would move us towards

being able to deliver the housing needed to support continued economic growth.’

Savills: UK Housing Market Update – June 2018

Market activity weakens, but strong price growth remains for many

2.47 ‘House prices fell 0.3% in the UK in May, according to Nationwide, but this national

average continues to hide wide regional variation. The fall negates the modest rise we

saw last month and takes average house prices back to their level at the end December

2017. This rate of growth is slightly lower than our forecast for a 1% average price

increase this year.

2.48 This marginal price growth is likely to continue, with a majority of surveyors reporting a

fall in house prices for the first time since September 2012 in the April RICS survey. Most

continue to report falling numbers of new buyer enquiries and new instructions to sell,

and while the number of surveyors reporting rising numbers has increased, they remain

a minority. Early data from the Land Registry indicates a dip in transactions during Q1

2018 compared to the same period last year. This view is supported by a 9% fall in the

number of mortgage approvals and is in line with our forecasts which anticipated 2018

to be a year of low activity.

2.49 In February the Term Funding Scheme (TFS) closed, cutting off a source of cheap

financing for banks. The TFS provided £127bn to all major banks following the vote to

leave the EU and £59bn remains held by the banks. It was designed to encourage banks

to pass on the base rate cut to lenders and its withdrawal coincides with an expectation

of base rate rises this year. These influences are reflected in mortgage interest rates,

with the two year fixed rate (at 75% LTV) now at its highest level since July 2016.

Increases in mortgage payments will put more pressure on many households, but recent

falls in inflation have led to real wage rises for the first time in a year. The GFK survey

reported a two point rise in consumer confidence, indicating that there has been an

improvement for many over the past month, although the measure remains in negative

territory.’



3.0 Residential Market Review

3.1 Consistent with our assessment principles, DSP researches data from a range of readily

available sources. As noted above, these are source that could also be used by CDC and

SBDC for any future similar work, updating or monitoring.

3.2 In the following sections we will provide an outline of the data reviewed, first setting

out the latest available information and then working back through an outline of the

previous and earliest research phases.

3.3 As part of the data collection process a framework was established for gathering and

reviewing property values data. The residential market review has been based on

settlements within both District areas providing a comprehensive analysis across a

range of datasets as follows below.

Review of Land Registry New Build Sold Prices Data (Feb 2016-Feb 2018)

3.4 The following tables provide a Chiltern and South Bucks District Council based summary

of Land Registry published sold prices data – focussing solely on new-build housing. The

floor areas have been sourced separately – from the Domestic Energy Performance

Certificate (EPC) Register operated by Landmark on behalf of the Government and

available to view via https://www.epcregister.com/ under the DCLG’s remit.

See Table 1a on the following page.

https://www.epcregister.com/



Table 1a – Land Registry Sold Prices Review – Chiltern District New-Builds (February 2016 - 2018) – Data Sorted by Settlement

Address Postcode Date Sale Price Property

Type Freehold / Leasehold

EPC Floor Area

Price per

£/m²

Updated Values in Line with UK HPI (£)

Updated Values in

Line with UK

HPI (£/m2)

Chesham

FLAT 13 MEDIA HOUSE THE BACKS HP5 1DU 20/01/2017 £195,000 F L 31 £6,290 £195,090 £6,293
















FLAT 1 132 HIGH STREET HP5 1EF 04/08/2017 £250,000 F L 36 £6,944 £239,626 £6,656









EPC Floor Area

Price per

£/m²


Updated Values in

Line with UK

HPI (£/m2)

FLAT 1 10 MARKET SQUARE HP5 1ES 13/04/2016 £199,950 F L 72 £2,777 £214,708 £2,982

FLAT 2 10 MARKET SQUARE HP5 1ES 13/04/2016 £199,950 F L 72 £2,777 £214,708 £2,982

FLAT 3 THE COURTYARD,

33 - 35 RED LION STREET HP5 1FX 31/08/2016 £299,950 F L 53 £5,659 £307,065 £5,794

















FLAT 2 THE OLD

PERFUMERY, 24 HIGHAM ROAD HP5 2AF 19/02/2016 £185,000 F L 31 £5,968 £198,654 £6,408

FLAT 4 THE OLD


FLAT 3 THE OLD


FLAT 1 THE OLD


FLAT 6 THE OLD


FLAT 9 BUCK HOUSE SUNNYSIDE ROAD HP5 2AR 22/03/2016 £219,950 F L 62 £3,548 £232,929 £3,757





EPC Floor Area

Price per

£/m²


Updated Values in

Line with UK

HPI (£/m2)









25 ASH GROVE HP5 2FU 08/08/2017 £375,000 T F 84 £4,464 £359,439 £4,279

19 ASH GROVE HP5 2FU 17/07/2017 £375,000 T F 84 £4,464 £364,666 £4,341

23 ASH GROVE HP5 2FU 17/07/2017 £384,000 T F 84 £4,571 £373,418 £4,445

1 ADDISON COURT ADDISON ROAD HP5 2GQ 24/03/2016 £238,500 F L 53 £4,500 £252,574 £4,766






44 LINDO CLOSE HP5 2JP 14/10/2016 £459,950 S F 119 £3,865 £454,572 £3,820










EPC Floor Area

Price per

£/m²


Updated Values in

Line with UK

HPI (£/m2)


8 ESPRIT, 17 ASHERIDGE ROAD HP5 2PY 14/09/2016 £325,000 F L 84 £3,869 £329,687 £3,925

7D ESPRIT, 17 ASHERIDGE ROAD HP5 2PY 05/09/2016 £270,000 F L 52 £5,192 £273,894 £5,267

7C ESPIRIT, 17 ASHERIDGE ROAD HP5 2PY 31/03/2016 £230,000 F L 64 £3,594 £243,572 £3,806

FLAT 15 COPSHAM HOUSE

53 BROAD STREET HP5 3EA 23/02/2016 £140,000 F L 27 £5,185 £150,333 £5,568

44 ALMA ROAD HP5 3HD 24/02/2016 £289,950 T F 68 £4,264 £311,351 £4,579

40 ALMA ROAD HP5 3HD 23/02/2016 £299,950 T F 84 £3,571 £322,089 £3,834

42 ALMA ROAD HP5 3HD 19/02/2016 £289,950 T F 68 £4,264 £311,351 £4,579

1 VALE ROAD HP5 3HH 18/08/2017 £382,000 T F 73 £5,233 £366,148 £5,016

7 VALE ROAD HP5 3HH 20/04/2017 £455,000 T F 106 £4,292 £451,012 £4,255

5 VALE ROAD HP5 3HH 22/03/2017 £427,000 D F 80 £5,338 £430,417 £5,380

9 VALE ROAD HP5 3HH 24/02/2017 £435,000 S F 72 £6,042 £440,914 £6,124

3 VALE ROAD HP5 3HH 19/01/2017 £485,000 S F 87 £5,575 £485,224 £5,577

Average: £275,592 £4,928

Amersham

3 DIAMOND COURT HP7 0BY 21/10/2016 £699,950 T F 122 £5,737 £691,766 £5,670



1 DIAMOND COURT HP7 0BY 06/09/2016 £745,000 D F 112 £6,652 £755,744 £6,748









EPC Floor Area

Price per

£/m²


Updated Values in

Line with UK

HPI (£/m2)

20 ABRAHAMS

CLOSE HP7 9FA 07/12/2016 £901,500 D F 191 £4,720 £893,351 £4,677

3 ABRAHAMS

CLOSE HP7 9FA 14/10/2016 £737,000 D F 128 £5,758 £728,382 £5,690

16 ABRAHAMS

CLOSE HP7 9FA 01/09/2016 £1,040,000 D F 191 £5,445 £1,054,998 £5,524

14 ABRAHAMS

CLOSE HP7 9FA 08/06/2016 £850,000 D F 133 £6,391 £902,299 £6,784

18 ABRAHAMS

CLOSE HP7 9FA 10/05/2016 £585,000 D F 85 £6,882 £627,524 £7,383

12 ABRAHAMS

CLOSE HP7 9FA 05/04/2016 £575,000 D F 85 £6,765 £617,439 £7,264

17 ABRAHAMS

CLOSE HP7 9FA 18/02/2016 £570,000 D F 87 £6,552 £612,070 £7,035

FLAT 5 THE OLD

WAREHOUSE CHALFONT

STATION ROAD HP7 9PN 10/08/2016 £265,000 F L 50 £5,300 £271,286 £5,426

FLAT 6 THE OLD

WAREHOUSE CHALFONT


FLAT 2 THE OLD

WAREHOUSE CHALFONT


FLAT 1 THE OLD

WAREHOUSE CHALFONT


FLAT 7 THE OLD

WAREHOUSE CHALFONT


Average: £640,740 £6,113

Chalfont St Peter

3 ASPEN LODGE, 38 NORTH PARK SL9 8JP 25/11/2016 £794,000 F L 128 £6,203 £781,959 £6,109

4 ASPIN LODGE, 38 NORTH PARK SL9 8JP 24/03/2016 £910,000 F L 138 £6,594 £963,698 £6,983

2 ASPEN LODGE, 38

NORTH PARK SL9 8JP 17/03/2016 £910,000 F L 138 £6,594 £963,698 £6,983





EPC Floor Area

Price per

£/m²


Updated Values in

Line with UK

HPI (£/m2)

101 GRANGE ROAD SL9 9AH 27/04/2017 £525,000 T L 85 £6,176 £520,398 £6,122

103 GRANGE ROAD SL9 9AH 27/04/2017 £520,000 T L 85 £6,118 £515,442 £6,064

107 GRANGE ROAD SL9 9AH 08/02/2017 £730,000 D L 130 £5,615 £739,924 £5,692


109 GRANGE ROAD SL9 9AH 06/01/2017 £505,000 S L 85 £5,941 £505,233 £5,944


38 SCHOOL LANE SL9 9BA 24/03/2016 £1,430,000 D F 337 £4,243 £1,514,383 £4,494

36 SCHOOL LANE SL9 9BA 24/02/2016 £1,515,000 D F 315 £4,810 £1,626,819 £5,165

FLAT 7 QUAKER COURT GRANGE ROAD SL9 9FJ 28/02/2017 £440,000 F L 71 £6,197 £445,982 £6,281

THORNBURY HOUSE

LINCOLN ROAD SL9 9TG 23/03/2016 £1,600,000 D F 365 £4,384 £1,694,415 £4,642

Average: £924,489 £5,849

Chalfont St Giles

FLAT E THE PADDOCK, 13 BRAYFIELD LANE HP8 4FA 29/08/2017 £635,000 F L 115 £5,522 £608,650 £5,293

FLAT D THE

MEADOWFIELD, 12 BRAYFIELD LANE HP8 4FA 17/07/2017 £694,995 F L 117 £5,940 £675,842 £5,776

FLAT C THE


FLAT F THE


FLAT E THE


FLAT A THE PADDOCK, 13 BRAYFIELD LANE HP8 4FA 30/06/2017 £745,000 F L 113 £6,593 £736,253 £6,516

FLAT B THE PADDOCK, 13 BRAYFIELD LANE HP8 4FA 30/06/2017 £730,000 F L 113 £6,460 £721,430 £6,384

FLAT A THE


FLAT B THE






EPC Floor Area

Price per

£/m²


Updated Values in

Line with UK

HPI (£/m2)

FLAT D THE PADDOCK, 13 BRAYFIELD LANE HP8 4FA 23/06/2017 £699,995 F L 117 £5,983 £691,777 £5,913

3 BRAYFIELD LANE HP8 4FA 31/03/2017 £1,490,000 D F 292 £5,103 £1,501,925 £5,144




FLAT A THE GRANGE, 11 BRAYFIELD LANE HP8 4FA 30/09/2016 £700,000 F L 113 £6,195 £710,095 £6,284

FLAT B THE GRANGE, 11 BRAYFIELD LANE HP8 4FA 30/09/2016 £730,000 F L 113 £6,460 £740,528 £6,553

FLAT C THE GRANGE, 11 BRAYFIELD LANE HP8 4FA 30/09/2016 £715,000 F L 115 £6,217 £725,311 £6,307

FLAT D THE GRANGE, 11 BRAYFIELD LANE HP8 4FA 30/09/2016 £750,000 F L 115 £6,522 £760,816 £6,616





1 BRAYFIELD CLOSE HP8 4FB 30/09/2016 £599,995 T F 84 £7,143 £608,648 £7,246

Average: £973,734 £6,057

Great Missenden & Prestwood

FLAT 6 THE GEANS, 3 WYCOMBE ROAD HP16 0NZ 17/06/2016 £220,000 F L 55 £4,000 £233,536 £4,246

FLAT 4 THE GEANS, 3 WYCOMBE ROAD HP16 0NZ 27/04/2016 £195,000 F L 39 £5,000 £209,393 £5,369

Average: £221,464 £4,808

Knotty Green & Penn

ROSEMOUNT FORTY GREEN

ROAD HP9 1XL 30/03/2016 £2,350,000 D F 537 £4,376 £2,488,671 £4,634

1 GLENOCK PLACE HP9 2TS 30/06/2017 £1,370,000 F L 276 £4,964 £1,353,916 £4,905






EPC Floor Area

Price per

£/m²


Updated Values in

Line with UK

HPI (£/m2)



5 GLENOCK PLACE HP9 2TS 29/07/2016 £675,000 F L 115 £5,870 £712,826 £6,198


6 GLENOCK PLACE HP9 2TS 26/05/2016 £825,000 F L 128 £6,445 £884,970 £6,914

7 REGIUS COURT CHURCH ROAD HP10 8RL 19/07/2017 £775,000 S F 157 £4,936 £753,642 £4,800

8 REGIUS COURT CHURCH ROAD HP10 8RL 09/06/2017 £730,000 S F 128 £5,703 £721,430 £5,636

2 REGIUS COURT CHURCH ROAD HP10 8RL 31/05/2017 £545,000 D F 103 £5,291 £538,164 £5,225





Average: £964,981 £5,784



Table 1b – Land Registry Sold Prices Review – South Bucks District New-Builds (February 2016 - 2018) – Data Sorted by Settlement


Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²


Updated Values in Line

with UK HPI

(£/m2)

Beaconsfield

2 THE GARDENS HP9 1FD 31/03/2016 £995,000 D F 142 £7,007 £1,058,652 £7,455

1 SHEPHERDS

GATE, 99 SHEPHERDS LANE HP9 2EB 30/03/2016 £1,085,000 D F 190 £5,711 £1,154,409 £6,076

6 REYNOLDS

COURT BARING ROAD HP9 2NA 20/04/2016 £320,000 F L 33 £9,697 £332,785 £10,084

15 REYNOLDS


4 REYNOLDS


1 REYNOLDS


14 REYNOLDS


16 REYNOLDS


18 REYNOLDS


2 REYNOLDS


21 REYNOLDS


5 REYNOLDS


7 REYNOLDS


8 REYNOLDS


19 REYNOLDS





Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²



with UK HPI

(£/m2)

12 REYNOLDS


13 REYNOLDS


17 REYNOLDS


20 REYNOLDS


3 REYNOLDS


Average: £446,521 £8,806

Gerrards Cross

9 THE SPINNEY SL9 7LS 25/05/2017 £2,085,000 D F 407 £5,123 £1,945,572 £4,780

6 THE SPINNEY SL9 7LS 16/05/2017 £1,850,000 D F 320 £5,781 £1,726,287 £5,395

4 SCHOLARS WALK SL9 8FW 10/01/2017 £1,000,000 T L 152 £6,579 £969,300 £6,377

2 SCHOLARS WALK SL9 8FW 16/12/2016 £875,000 T L 115 £7,609 £873,190 £7,593

3 SCHOLARS WALK SL9 8FW 16/12/2016 £860,000 T L 110 £7,818 £858,221 £7,802

1 LYNBURY PLACE, 14

SOUTH PARK CRESCENT SL9 8HJ 28/07/2017 £1,400,000 F L 184 £7,609 £1,346,183 £7,316

FLAT 1 OAKLEY

COURT, 12 SOUTH PARK CRESCENT SL9 8HJ 12/06/2017 £1,235,000 F L 182 £6,786 £1,168,334 £6,419

7 LYNBURY PLACE, 14


FLAT 6 OAKLEY

COURT, 12 SOUTH PARK CRESCENT SL9 8HJ 20/04/2017 £950,000 F L 155 £6,129 £883,972 £5,703

FLAT 5 OAKLEY

COURT, 12 SOUTH PARK CRESCENT SL9 8HJ 18/04/2017 £930,000 F L 156 £5,962 £865,362 £5,547

FLAT 2 OAKLEY





Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²



with UK HPI

(£/m2)

FLAT 4 OAKLEY COURT


FLAT 3 OAKLEY


1 BEAUMORE

PLACE SOUTH PARK VIEW SL9 8HN 25/07/2016 £1,600,000 F L 201 £7,960 £1,525,217 £7,588

FLAT 4 DEEDSWORTH

HOUSE, 17 SOUTH PARK DRIVE SL9 8JJ 16/06/2017 £1,100,000 F L 170 £6,471 £1,040,621 £6,121

FLAT 1 DEEDSWORTH

HOUSE, 17 SOUTH PARK DRIVE SL9 8JJ 28/02/2017 £920,000 F L 118 £7,797 £884,236 £7,494

FLAT 2 DEEDSWORTH

HOUSE, 17 SOUTH PARK DRIVE SL9 8JJ 09/12/2016 £750,000 F L 91 £8,242 £748,449 £8,225

Average: £1,142,489 £6,641

Burnham

2 DORNEYWOOD CLOSE SL1 8FB 17/08/2016 £765,000 S F 199 £3,844 £732,223 £3,680

1 DORNEYWOOD CLOSE SL1 8FB 08/06/2016 £781,782 S F 199 £3,929 £765,347 £3,846

5 DORNEYWOOD CLOSE SL1 8FB 06/05/2016 £1,250,000 D F 305 £4,098 £1,245,902 £4,085

Average: £914,491 £3,870

Iver

14 COLBORNE CLOSE SL0 0AF 20/12/2016 £504,950 S F 101 £5,000 £503,905 £4,989











Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²



with UK HPI

(£/m2)










8 NORFOLK CLOSE SL0 9BG 07/09/2017 £790,000 D F 192 £4,115 £770,451 £4,013




12 NORFOLK CLOSE SL0 9BG 11/11/2016 £615,000 S F 118 £5,212 £613,000 £5,195





NORFOLK HOUSE

LOVE LANE SL0 9QZ 23/09/2016 £740,000 D F 124 £5,968 £710,518 £5,730

Average: £597,192 £4,895

Stoke Poges

2 BUTLERS COURT

GERRARDS CROSS ROAD

SL2 4ET 10/10/2016 £575,000 F L 94 £6,117 £567,544 £6,038




Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²



with UK HPI

(£/m2)

1 BUTLERS COURT

GERRARDS CROSS ROAD

SL2 4ET 28/06/2016 £550,000 F L 94 £5,851 £538,438 £5,728

15 MOBBS CLOSE SL2 4FF 30/06/2017 £506,000 T F 118 £4,288 £478,686 £4,057



10 MOBBS CLOSE SL2 4FF 07/04/2017 £795,000 S F 211 £3,768 £739,745 £3,506

25 MOBBS CLOSE SL2 4FF 07/04/2017 £715,000 D F 152 £4,704 £665,305 £4,377





















Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²



with UK HPI

(£/m2)



Average: £561,838 £4,407

Farnham Common

FLAT 8 PROSPECT

HOUSE THE BROADWAY SL2 3PP 06/05/2016 £235,000 F L 46 £5,109 £234,230 £5,092

FLAT 1 PROSPECT


FLAT 6 PROSPECT


FLAT 2 PROSPECT


FLAT 3 PROSPECT


FLAT 4 PROSPECT


FLAT 5 PROSPECT


FLAT 7 PROSPECT


FLAT 9 PROSPECT


FLAT 10 PROSPECT


FLAT 11 PROSPECT


Average: £290,916 £4,647

Farnham Royal




Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²



with UK HPI

(£/m2)

2 CROWN HOUSE

CROWN DRIVE SL2 3EE 26/07/2017 £377,000 F L 50 £7,540 £362,508 £7,250

12 CROWN HOUSE


21 CROWN HOUSE


9 CROWN HOUSE


14 CROWN HOUSE


18 CROWN HOUSE


17 CROWN HOUSE


22 CROWN HOUSE


Average: £422,579 £6,106

Denham Green

FLAT 14 KORDA HOUSE STANLEY KUBRICK

ROAD UB9 5FH 21/08/2017 £360,000 F L 61 £5,902 £349,989 £5,738


ROAD UB9 5FH 31/07/2017 £465,000 F L 94 £4,947 £447,125 £4,757


ROAD UB9 5FH 31/07/2017 £377,500 F L 61 £6,189 £362,989 £5,951


ROAD UB9 5FH 31/07/2017 £465,000 F L 92 £5,054 £447,125 £4,860


ROAD UB9 5FH 31/07/2017 £475,000 F L 94 £5,053 £456,741 £4,859


ROAD UB9 5FH 31/07/2017 £480,000 F L 95 £5,053 £461,548 £4,858


ROAD UB9 5FH 31/07/2017 £350,000 F L 55 £6,364 £336,546 £6,119




Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²



with UK HPI

(£/m2)


ROAD UB9 5FH 31/07/2017 £355,000 F L 54 £6,574 £341,353 £6,321


ROAD UB9 5FH 28/07/2017 £465,000 F L 94 £4,947 £447,125 £4,757


ROAD UB9 5FH 28/07/2017 £475,000 F L 94 £5,053 £456,741 £4,859

Average: £410,728 £5,308

Taplow Riverside

BELLFLOWER HOUSE

MILL LANE SL6 0AG 15/09/2017 £1,190,000 T F 219 £5,434 £1,160,553 £5,299

ELWOOD HOUSE

MILL LANE SL6 0AG 11/07/2017 £1,140,000 D F 191 £5,969 £1,096,177 £5,739

LAWSON HOUSE

MILL LANE SL6 0AG 02/06/2017 £1,285,000 D F 223 £5,762 £1,215,635 £5,451

SUNDEW HOUSE

MILL LANE SL6 0AG 19/05/2017 £1,245,000 T F 217 £5,737 £1,161,745 £5,354

ORCHID HOUSE

MILL LANE SL6 0AG 27/04/2017 £1,150,000 T F 217 £5,300 £1,070,071 £4,931

HAWTHORNE HOUSE

MILL LANE SL6 0AG 09/03/2017 £1,015,000 S F 179 £5,670 £953,627 £5,328

8 LAYCHEQUERS

MEADOW SL6 0BF 26/05/2017 £1,195,000 S F 197 £6,066 £1,115,088 £5,660

10 LAYCHEQUERS

MEADOW SL6 0BF 19/05/2017 £1,170,000 S F 201 £5,821 £1,091,760 £5,432

6 LAYCHEQUERS

MEADOW SL6 0BF 19/05/2017 £1,170,000 D F 191 £6,126 £1,091,760 £5,716

14 LAYCHEQUERS

MEADOW SL6 0BF 21/04/2017 £1,300,000 D F 223 £5,830 £1,209,646 £5,424

12 LAYCHEQUERS

MEADOW SL6 0BF 23/03/2017 £1,365,000 D F 223 £6,121 £1,282,464 £5,751

4 LAYCHEQUERS

MEADOW SL6 0BF 28/02/2017 £1,131,000 D F 191 £5,921 £1,087,034 £5,691




Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²



with UK HPI

(£/m2)

2 LAYCHEQUERS

MEADOW SL6 0BF 24/02/2017 £1,700,000 D F 302 £5,629 £1,633,915 £5,410

Average: £1,166,883 £5,476

Taplow

FLAT 46 LANSDOWNE

PLACE INSTITUTE ROAD SL6 0FD 04/10/2017 £300,000 F L 55 £5,455 £289,087 £5,256

FLAT 37 LANSDOWNE


FLAT 30 LANSDOWNE


FLAT 4 LANSDOWNE


FLAT 28 LANSDOWNE


FLAT 14 LANSDOWNE


FLAT 2 LANSDOWNE


FLAT 3 LANSDOWNE


FLAT 40 LANSDOWNE


FLAT 41 LANSDOWNE


FLAT 27 LANSDOWNE


FLAT 19 LANSDOWNE


FLAT 25 LANSDOWNE





Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²



with UK HPI

(£/m2)

FLAT 26 LANSDOWNE


FLAT 45 LANSDOWNE


FLAT 24 LANSDOWNE


FLAT 33 LANSDOWNE


FLAT 38 LANSDOWNE


FLAT 6 LANSDOWNE


FLAT 10 LANSDOWNE


FLAT 11 LANSDOWNE


FLAT 12 LANSDOWNE


FLAT 13 LANSDOWNE


FLAT 15 LANSDOWNE


FLAT 17 LANSDOWNE


FLAT 18 LANSDOWNE


FLAT 20 LANSDOWNE


FLAT 23 LANSDOWNE


FLAT 5 LANSDOWNE





Type

Freehold /

Leasehold

EPC Floor Area

Price per £/m²



with UK HPI

(£/m2)

FLAT 9 LANSDOWNE


58 CLIVEDEN GAGES SL6 0GA 29/02/2016 £785,000 D L 158 £4,968 £842,015 £5,329

Average: £347,777 £4,828



Table 1c – Land Registry Sold Prices Review Analysis – Chiltern and South Bucks DC

New-Builds (Completed February 2018)

Settlements (Chiltern District)


Updated Values in Line with UK HPI (£/m2)

Amersham £640,740 £6,113

Chalfont St Giles £973,734 £6,057

Chalfont St Peter £924,489 £5,849

Knotty Green & Penn £964,981 £5,784

Chesham £275,592 £4,928


£221,464 £4,808

* Average prices per settlement

Settlements (South Bucks District)



Beaconsfield £446,521 £8,806

Gerrards Cross £1,142,489 £6,641

Farnham Royal £422,579 £6,106

Taplow Riverside £1,166,883 £5,476

Denham Green £410,728 £5,308

Iver £597,192 £4,895

Taplow £347,777 £4,828

Farnham Common £290,916 £4,647

Stoke Poges £561,838 £4,407

Burnham £914,491 £3,870 * Average prices per settlement

3.5 The tables above provide the overall analysis of the Land Registry new build data (Tables

1a and 1b) by settlement and then sorted by the highest to lowest values within the

Districts. These values have then been mapped to provide a visual representation of the

values and how the different settlement areas compare with one another. For example,

the highest value areas appear to be in the southern area of Chiltern District (Chalfont

St Giles and Amersham in particular) and the northern area of the South Bucks District

(Beaconsfield and Gerrards Cross in particular).



Figure 2: Land Registry Sold Prices Analysis Heat Map – Chiltern and South Bucks New Builds

mapped by Settlement



3.6 In addition to the research above carried out during the early project phase, we have also reviewed the latest available Land Registry

new build sold prices from February 2018 to present (see below) as we progress through to the final project phase. As above, the floor

areas have been sourced separately – from the Domestic Energy Performance Certificate (EPC) Register operated by Landmark on behalf

of the Government and available to view via https://www.epcregister.com/ under the DCLG’s remit.

Table 1d Land Registry Sold Prices Review – Chiltern District New Build (February 2018 – October 2018) – Data sorted by Settlement

Address Settlement Postcode Property

Type Sale Date Sale Price

EPC Floor Area M2

Updated values in line

with HPI


wih HPI (£/M2)

Chesham

STATION ROAD CHESHAM HP5 1DH Flat 09/03/2018 £282,500 59 £278,387 £4,718



HIGH STREET CHESHAM HP5 1EF Flat 18/04/2018 £199,500 34 £192,912 £5,674

HIGH STREET CHESHAM HP5 1EF Flat 02/05/2018 £220,000 38 £208,447 £5,485




Average £244,795 £4,787

Chalfont St Peter

GRANGE ROAD CHALFONT ST PETER SL9 9AH Detached 16/02/2018 £825,000 134 £828,939 £6,186

GRANGE ROAD CHALFONT ST PETER SL9 9FN Flat 16/02/2018 £167,500 63 £168,300 £2,671

GRANGE ROAD CHALFONT ST PETER SL9 9AH Terraced 26/02/2018 £535,000 118 £537,554 £4,556


GRANGE ROAD CHALFONT ST PETER SL9 9FF Flat 23/03/2018 £340,000 69 £335,049 £4,856





Address Settlement Postcode Property

Type Sale Date Sale Price

EPC Floor Area M2


with HPI


wih HPI (£/M2)

DRURY CLOSE CHALFONT ST PETER SL9 0FH Flat 29/03/2018 £809,000 108 £797,220 £7,382

DRURY CLOSE CHALFONT ST PETER SL9 0FH Flat 29/03/2018 £809,000 108 £797,220 £7,382




GRANGE ROAD CHALFONT ST PETER SL9 9FH Flat 29/03/2018 £345,000 69 £339,977 £4,927


WILKENS PLACE

CHALFONT ST PETER SL9 0FG Flat 17/04/2018 £580,000 79 £560,848 £7,099




GRANGE ROAD CHALFONT ST PETER SL9 9FF Flat 04/05/2018 £389,950 82 £369,472 £4,506



GRANGE ROAD CHALFONT ST PETER SL9 9FJ Flat 08/06/2018 £419,950 83 £402,608 £4,851

GRANGE ROAD CHALFONT ST PETER SL9 9FH Flat 15/06/2018 £345,000 76 £330,753 £4,352




Average £684,282 £5,552

Chenies

GREEN STREET CHENIES WD3 6EA Terraced 16/04/2018 £1,100,000 209 £1,063,678 £5,089

GREEN STREET CHENIES WD3 6EA Terraced 19/04/2018 £775,000 123 £749,409 £6,093

Average £906,543 £5,591



Table 1e Land Registry Sold Prices Review – South Bucks District New Build (February 2018 – October 2018) – Data sorted by Settlement

Address Postcode Settlement Property

type Sale date Sale price

EPC floor area M2

Updated values In line

with HPI

Updated values in line with HPI

(£/M2)

Denham

STANLEY KUBRICK ROAD UB9 5FH DENHAM Flats 25/06/2018 £410,000 69 £446,565 £6,472
















Average £447,047 £6,580

Farnham Royal

CROWN DRIVE SL2 3EE FARNHAM

ROYAL Flats 28/02/2018 £400,000 91 £428,400 £4,708


ROYAL Flats 28/02/2018 £282,500 48 £296,147 £6,170





EPC floor area M2


with HPI


(£/M2)


ROYAL Flats 16/02/2018 £420,180 68 £440,478 £6,478

Average £388,342 £5,785

Stoke Poges

MOBBS CLOSE SL2 4FF STOKE POGES

Semi-detached

22/03/2018 £763,000 211 £817,173 £3,873

Taplow

INSTITUTE ROAD

SL6 0FD TAPLOW Flats 22/06/2018 £365,000 71 £397,552 £5,599

MILL LANE

SL6 0AG TAPLOW Terraced 31/05/2018 £1,950,000 196 £2,137,322 £10,905

MILL LANE SL6 0AG TAPLOW Terraced 25/05/2018 £1,900,000 196 £2,082,519 £10,625

LAYCHEQUERS

MEADOW

SL6 0BF TAPLOW Detached 24/05/2018 £1,300,000 227 £1,424,881 £6,277

INSTITUTE ROAD SL6 0FD TAPLOW Flats 21/05/2018 £400,000 120 £438,425 £3,654

LAYCHEQUERS MEADOW



LAYCHEQUERS

MEADOW


LANGTON GREEN SL6 0FF TAPLOW Terraced 29/03/2018 £474,950 98 £508,671 £5,191

LANGTON GREEN SL6 0FF TAPLOW Terraced 29/03/2018 £489,950 107 £524,736 £4,904





EPC floor area M2


with HPI


(£/M2)


LANGTON GREEN SL6 0FF TAPLOW Semi-

detached 14/02/2018 £584,950 146 £613,208 £4,200

LANGTON GREEN SL6 0FF TAPLOW Semi-

detached 08/02/2018 £574,950 146 £602,725 £4,128

Average £958,635 £6,164



Table 1f – Land Registry Sold Prices Review Analysis – Chiltern and South Bucks DC New-

Builds (Completed October 2018)

Settlements Updated Values in

Line with UK HPI (£)

Updated Values in Line with UK HPI

(£/m2)

Chesham £244,795 £4,787 Chalfont St Peter £684,282 £5,552 Chenies £906,543 £5,591 * small data sample

Overall Average £596,528 £5,380 * Average prices per settlement

Settlements Updated Values in Line with UK HPI

(£)


Denham £447,047 £6,580 Farnham Royal £388,342 £5,785 *small data sample

Stoke Poges £817,173 £3,873 *small data sample

Taplow £958,635 £6,164 Overall Average £654,461 £6,262 * Average prices per settlement

3.7 The tables above provide the overall analysis of the Land Registry new build data (Tables

1d and 1e) which shows a smaller data sample then that collected at the project

inception phase. The overall average indications set out above, correspond with latest

market activity described by local agents as well as the statistical data analysed from

the Land Registry i.e. new build values are typically seen between £5,000 to £6,000/m2.



Review of Land Registry Re-sale Sold Prices Data (Aug 2017-Feb 2018)

3.8 The following Table 1d provides a Chiltern and South Bucks District based summary of Land Registry published sold prices data – focussing

solely on re-sale housing over the last six months. As above, the floor areas have been sourced separately – from the Domestic Energy

Performance Certificate (EPC) Register operated by Landmark on behalf of the Government and available to view via

https://www.epcregister.com/ under the DCLG’s remit.

Table 1g – Land Registry Sold Prices Review – Chiltern District Re-sale (August 2017 - February 2018) – Data sorted by Settlement


Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

Chesham

5 INKERMAN TERRACE HP5 1QA 18/09/2017 £485,000 D F 106 £4,575 £462,740 £4,365

24 INKERMAN TERRACE HP5 1QA 11/08/2017 £315,000 T F 52 £6,058 £301,929 £5,806

62 WHITE HILL HP5 1AH 18/09/2017 £375,000 T F 82 £4,573 £357,789 £4,363

112 WHITE HILL HP5 1AR 22/09/2017 £451,000 T F 107 £4,215 £430,300 £4,021

5 WHITE HILL CLOSE HP5 1AS 03/08/2017 £715,000 D F 205 £3,488 £685,330 £3,343

158 WHITE HILL HP5 1AT 23/08/2017 £1,100,000 D F 286 £3,846 £1,054,354 £3,687

157 WHITE HILL HP5 1AZ 20/11/2017 £615,000 D F 164 £3,750 £615,000 £3,750

FLAT 7 PINE COURT EAST STREET HP5 1DA 22/09/2017 £300,000 F L 64 £4,688 £286,231 £4,472

28 BAYTREE COURT HOSPITAL HILL HP5 1DX 08/11/2017 £237,500 F L 43 £5,523 £237,500 £5,523



45 CHURCH STREET HP5 1HU 24/11/2017 £213,500 F F 36 £5,931 £213,500 £5,931

50 CHURCH STREET HP5 1HY 10/08/2017 £550,000 T L 129 £4,264 £527,177 £4,087

ONE BELL COTTAGE, 109 CHURCH STREET HP5 1JD 13/09/2017 £290,000 T F 43 £6,744 £276,690 £6,435





Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

1A WEY LANE HP5 1JH 10/11/2017 £380,000 T F 65 £5,846 £380,000 £5,846

9 TOWN BRIDGE COURT HP5 1LN 19/09/2017 £187,000 F L 45 £4,156 £178,417 £3,965

6 WHICHCOTE GARDENS HP5 1NW 01/08/2017 £352,500 T F 90 £3,917 £337,872 £3,754

1 MERLEBANK HOSPITAL HILL HP5 1PJ 02/11/2017 £240,000 F L 54 £4,444 £240,000 £4,444

18 SPRINGFIELD ROAD HP5 1PW 23/08/2017 £545,000 D F 122 £4,467 £522,384 £4,282

439 WATERSIDE HP5 1QE 25/08/2017 £315,000 T F 64 £4,922 £301,929 £4,718

533 WATERSIDE HP5 1QG 23/08/2017 £650,000 S F 184 £3,533 £623,027 £3,386

18 CANNON MILL AVENUE HP5 1QX 08/12/2017 £335,000 T F 63 £5,317 £335,000 £5,317

26 CANNON MILL AVENUE HP5 1QX 17/10/2017 £345,000 S F 70 £4,929 £333,518 £4,765

8 CANNON MILL AVENUE HP5 1QX 15/09/2017 £300,000 T F 64 £4,688 £286,231 £4,472

12 LARKS RISE HP5 1RG 18/08/2017 £345,000 S F 56 £6,161 £330,684 £5,905

48 CAVENDISH ROAD HP5 1RW 18/08/2017 £347,000 S F 68 £5,103 £332,601 £4,891

1 NORJO AN VILLAS MOOR ROAD HP5 1SA 14/09/2017 £425,000 T F 89 £4,775 £405,494 £4,556

2 SHANTUNG PLACE HP5 1SF 22/08/2017 £395,000 T F 85 £4,647 £378,609 £4,454

36 BOIS MOOR ROAD HP5 1SN 25/09/2017 £500,000 T F 92 £5,435 £477,052 £5,185

104 BOIS MOOR ROAD HP5 1SS 27/10/2017 £335,000 T F 59 £5,678 £323,851 £5,489

23 CRESSWELL ROAD HP5 1SX 05/10/2017 £375,000 T F 85 £4,412 £362,519 £4,265

156 BOTLEY ROAD HP5 1XN 09/08/2017 £520,000 S F 85 £6,118 £498,422 £5,864

GLENOAKS BOTLEY LANE HP5 1XS 30/10/2017 £550,000 D F 81 £6,790 £531,695 £6,564

198 BOTLEY ROAD HP5 1XT 07/08/2017 £550,000 S F 131 £4,198 £527,177 £4,024

218 BOTLEY ROAD HP5 1XY 29/09/2017 £785,000 D F 157 £5,000 £748,971 £4,771

2 WANNIONS CLOSE HP5 1YA 22/08/2017 £899,950 D F 176 £5,113 £862,605 £4,901

9D HIGHAM ROAD HP5 2AF 10/11/2017 £301,000 T F 53 £5,679 £301,000 £5,679




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

23 HIGHAM ROAD HP5 2AF 18/09/2017 £345,000 T F 77 £4,481 £329,166 £4,275

50 HIGHAM ROAD HP5 2AF 30/08/2017 £315,000 T F 70 £4,500 £301,929 £4,313

127 BEECHCROFT ROAD HP5 2AN 27/11/2017 £326,000 T F 73 £4,466 £326,000 £4,466

75 SUNNYSIDE ROAD HP5 2AP 08/09/2017 £286,000 T F 65 £4,400 £272,873 £4,198

67 GLENISTER ROAD HP5 2AZ 13/10/2017 £391,000 S F 72 £5,431 £377,987 £5,250

1 NUTKINS WAY HP5 2BE 07/08/2017 £470,000 S F 114 £4,123 £450,497 £3,952

7 GREENWAY HP5 2BL 14/08/2017 £493,000 D F 126 £3,913 £472,542 £3,750

7 LONG MEADOW HP5 2BN 03/10/2017 £325,000 S F 68 £4,779 £314,184 £4,620

21 LYNTON ROAD HP5 2BU 14/08/2017 £355,000 S F 76 £4,671 £340,269 £4,477

17 PATTERSON ROAD HP5 2DG 26/09/2017 £300,000 S F 75 £4,000 £286,231 £3,816

21 UPPER BELMONT ROAD HP5 2DH 20/11/2017 £500,000 S F 107 £4,673 £500,000 £4,673

1A POND PARK ROAD HP5 2DP 11/08/2017 £357,000 S F 121 £2,950 £342,186 £2,828

10 GRAYS WALK HP5 2EQ 21/08/2017 £432,000 S F 94 £4,596 £414,073 £4,405

29 MILTON ROAD HP5 2ET 27/10/2017 £280,000 T F 68 £4,118 £270,681 £3,981

6 BURNS HOUSE FARRIERS WAY HP5 2FF 29/09/2017 £285,000 F L 67 £4,254 £271,919 £4,058

27 LIBERTY COURT, 7 BELLINGDON ROAD HP5 2FG 08/09/2017 £260,000 F L 47 £5,532 £248,067 £5,278

39 BRANDON MEAD HP5 2FQ 10/08/2017 £400,000 T F 84 £4,762 £383,401 £4,564

15 ASH GROVE HP5 2FU 22/08/2017 £420,000 T F 84 £5,000 £402,571 £4,793

13 ASH GROVE HP5 2FU 15/08/2017 £375,000 T F 84 £4,464 £359,439 £4,279

37 TREACHERS CLOSE HP5 2HD 01/11/2017 £400,000 T F 113 £3,540 £400,000 £3,540

104 BELLINGDON ROAD HP5 2HF 27/10/2017 £775,000 S F 210 £3,690 £749,207 £3,568

100 BELLINGDON ROAD HP5 2HF 17/10/2017 £625,000 D F 136 £4,596 £604,199 £4,443

102 BELLINGDON ROAD HP5 2HF 12/09/2017 £650,000 S F 203 £3,202 £620,167 £3,055




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

166 BELLINGDON ROAD HP5 2HG 22/09/2017 £467,000 T F 137 £3,409 £445,566 £3,252

6 LOWNDES AVENUE HP5 2HH 22/08/2017 £585,000 D F 143 £4,091 £560,725 £3,921

65 LOWNDES AVENUE HP5 2HJ 03/11/2017 £500,000 D F 92 £5,435 £500,000 £5,435

24 PENN AVENUE HP5 2HS 22/09/2017 £550,000 D F 85 £6,471 £524,757 £6,174

9 PENN AVENUE HP5 2HT 15/09/2017 £780,000 D F 168 £4,643 £744,200 £4,430

6 AVENUE HOUSE PARK ROAD HP5 2JR 20/11/2017 £285,000 F L 68 £4,191 £285,000 £4,191

4 PEDNORMEAD END HP5 2JS 10/11/2017 £305,000 T F 51 £5,980 £305,000 £5,980

179 GREAT HIVINGS HP5 2LD 18/10/2017 £452,500 D F 110 £4,114 £437,440 £3,977

183 GREAT HIVINGS HP5 2LE 19/10/2017 £350,000 T F 104 £3,365 £338,352 £3,253

12 DURRANTS PATH HP5 2LH 22/09/2017 £322,500 T F 70 £4,607 £307,698 £4,396

4 WYKERIDGE CLOSE HP5 2LJ 27/10/2017 £445,000 S F 118 £3,771 £430,190 £3,646

195 GREAT HIVINGS HP5 2LQ 11/08/2017 £435,000 D F 106 £4,104 £416,949 £3,933

308 BELLINGDON ROAD HP5 2NS 27/09/2017 £293,000 T F 53 £5,528 £279,552 £5,275

81 HIVINGS HILL HP5 2PG 06/11/2017 £365,000 S F 83 £4,398 £365,000 £4,398

83 HIVINGS HILL HP5 2PG 21/08/2017 £420,000 D F 113 £3,717 £402,571 £3,563

92 HIVINGS HILL HP5 2PG 01/08/2017 £360,000 S F 75 £4,800 £345,061 £4,601

20 VALLEY VIEW HP5 2PH 18/09/2017 £472,500 S F 117 £4,038 £450,814 £3,853

141 HIVINGS HILL HP5 2PN 22/09/2017 £737,000 D F 257 £2,868 £703,174 £2,736

6 CAPTAINS CLOSE HP5 2PP 14/08/2017 £290,000 T F 74 £3,919 £277,966 £3,756

74 ASHERIDGE ROAD HP5 2PY 18/09/2017 £420,000 S F 83 £5,060 £400,723 £4,828

22 DARVELL DRIVE HP5 2QL 18/09/2017 £295,000 F L 54 £5,463 £281,460 £5,212

17 DARVELL DRIVE HP5 2QL 14/08/2017 £285,500 F L 62 £4,605 £273,653 £4,414

74 DARVELL DRIVE HP5 2QN 10/10/2017 £465,000 D F 95 £4,895 £449,524 £4,732




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

18 POLES HILL HP5 2QP 03/11/2017 £660,000 D F 163 £4,049 £660,000 £4,049

11 GARSON GROVE HP5 2RA 14/12/2017 £460,000 S F 85 £5,412 £460,000 £5,412

6 PULLFIELDS HP5 2RB 01/08/2017 £475,000 S F 95 £5,000 £455,289 £4,793

4 LITTLE CHARTRIDGE COURT CHARTRIDGE LANE HP5 2RQ 01/08/2017 £487,500 T F 79 £6,171 £467,270 £5,915

113 BERKELEY AVENUE HP5 2RS 30/10/2017 £840,000 D F 180 £4,667 £812,044 £4,511

125 BERKELEY AVENUE HP5 2RT 01/08/2017 £822,500 D F 121 £6,798 £788,369 £6,515

2 THE WARREN HP5 2RY 22/09/2017 £1,040,000 S F 288 £3,611 £992,267 £3,445

19 FOUR OAKS HP5 2SD 27/09/2017 £414,000 D F 102 £4,059 £394,999 £3,873

1 DELL CLOSE HP5 2TP 31/08/2017 £440,000 T F 71 £6,197 £421,742 £5,940

35 VICTORIA ROAD HP5 3AH 29/09/2017 £232,000 F L 67 £3,463 £221,352 £3,304

209 BERKHAMPSTEAD ROAD HP5 3AP 24/11/2017 £325,000 T F 80 £4,063 £325,000 £4,063

3 BENNETTS HP5 3AR 18/09/2017 £299,950 F L 63 £4,761 £286,183 £4,543

303 BERKHAMPSTEAD ROAD HP5 3AT 03/08/2017 £405,000 T F 90 £4,500 £388,194 £4,313

11 HAWKES COURT HP5 3AW 24/11/2017 £212,500 F L 50 £4,250 £212,500 £4,250

33 ESKDALE AVENUE HP5 3AX 29/11/2017 £355,000 T F 81 £4,383 £355,000 £4,383

18 ESKDALE AVENUE HP5 3AX 10/11/2017 £350,000 T F 92 £3,804 £350,000 £3,804

116 ESKDALE AVENUE HP5 3BD 23/08/2017 £750,000 D F 172 £4,360 £718,878 £4,180

11 MANOR WAY HP5 3BG 06/12/2017 £810,000 D F 128 £6,328 £810,000 £6,328

15 MANOR WAY HP5 3BG 10/08/2017 £835,000 D F 179 £4,665 £800,350 £4,471

3 STONEY GROVE HP5 3BN 21/11/2017 £209,950 F L 51 £4,117 £209,950 £4,117

23 STONEY GROVE HP5 3BN 01/09/2017 £280,000 T F 59 £4,746 £267,149 £4,528

43 STONEY GROVE HP5 3BW 10/11/2017 £210,000 F L 51 £4,118 £210,000 £4,118

8 WEST VIEW HP5 3DE 08/08/2017 £375,000 S F 69 £5,435 £359,439 £5,209




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

93 NALDERS ROAD HP5 3DH 02/08/2017 £342,500 S F 75 £4,567 £328,287 £4,377

13 HILLCROFT ROAD HP5 3DJ 26/10/2017 £390,000 S F 69 £5,652 £377,020 £5,464

27 HILLCROFT ROAD HP5 3DJ 22/09/2017 £402,000 S F 47 £8,553 £383,549 £8,161

FLAT 13 COPSHAM HOUSE, 53 BROAD STREET HP5 3EA 24/11/2017 £289,950 F L 52 £5,576 £289,950 £5,576

57 BROAD STREET HP5 3EA 03/08/2017 £465,000 T F 163 £2,853 £445,704 £2,734

51 ALEXANDER STREET HP5 3EG 16/11/2017 £300,500 T F 52 £5,779 £300,500 £5,779

72 UPPER GEORGE STREET HP5 3EH 11/08/2017 £302,500 T F 54 £5,602 £289,947 £5,369

66 SEVERALLS AVENUE HP5 3EL 22/09/2017 £325,000 T F 82 £3,963 £310,083 £3,782

6 MASONS COURT BERKHAMPSTEAD ROAD HP5 3EP 31/10/2017 £256,500 F L 59 £4,347 £247,963 £4,203

78 FRANCES STREET HP5 3ES 31/08/2017 £360,000 T F 93 £3,871 £345,061 £3,710

19 CULVERHOUSE WAY HP5 3FG 18/08/2017 £820,000 D F 169 £4,852 £785,973 £4,651

398 BERKHAMPSTEAD ROAD HP5 3HG 05/12/2017 £321,000 T F 78 £4,115 £321,000 £4,115

85 VALE ROAD HP5 3HJ 08/09/2017 £325,000 T F 85 £3,824 £310,083 £3,648

426 BERKHAMPSTEAD ROAD HP5 3HQ 06/10/2017 £295,000 T F 68 £4,338 £285,182 £4,194

46 THE SPINNEY HP5 3HY 26/10/2017 £392,500 T F 93 £4,220 £379,437 £4,080

6A BROCKHURST ROAD HP5 3JA 18/09/2017 £519,000 D F 126 £4,119 £495,179 £3,930

43 BROCKHURST ROAD HP5 3JB 18/09/2017 £375,000 T F 89 £4,213 £357,789 £4,020

27 RUSSELL COURT HP5 3JH 01/09/2017 £375,000 S F 88 £4,261 £357,789 £4,066

34 BIRCH WAY HP5 3JL 24/11/2017 £350,000 T F 121 £2,893 £350,000 £2,893

10 SYCAMORE DENE HP5 3JT 07/08/2017 £740,000 D F 125 £5,920 £709,293 £5,674

1 WOODCROFT ROAD HP5 3JU 18/09/2017 £650,000 D F 134 £4,851 £620,167 £4,628

2 LYCROME LANE HP5 3JY 02/10/2017 £770,000 D F 225 £3,422 £744,373 £3,308

33 LYE GREEN ROAD HP5 3LR 30/08/2017 £995,000 D F 178 £5,590 £953,711 £5,358




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

30 LYE GREEN ROAD HP5 3LR 07/08/2017 £995,000 D F 215 £4,628 £953,711 £4,436

39 LYE GREEN ROAD HP5 3LS 30/08/2017 £650,000 D F 151 £4,305 £623,027 £4,126

FLAT 9 HIGHVIEW COURT ESKDALE AVENUE HP5 3SA 02/08/2017 £270,000 F L 50 £5,400 £258,796 £5,176

Average: £430,804 £4,519

Amersham (including Chesham Bois)

17 ORCHARD LANE HP6 5AA 07/11/2017 £612,500 D F 68 £9,007 £612,500 £9,007

21 ORCHARD LANE HP6 5AA 30/10/2017 £800,500 D F 130 £6,158 £773,858 £5,953

45A HILL AVENUE HP6 5BX 08/08/2017 £290,000 F L 48 £6,042 £277,966 £5,791

43 WOODSIDE CLOSE HP6 5EF 07/12/2017 £800,000 D F 141 £5,674 £800,000 £5,674

8 WOODSIDE CLOSE HP6 5EG 04/10/2017 £910,000 S F 142 £6,408 £879,714 £6,195

30 LONGFIELD DRIVE HP6 5HE 11/10/2017 £1,450,000 D F 227 £6,388 £1,401,742 £6,175

FLAT 8 GARDEN COURT HERVINES ROAD HP6 5HW 31/10/2017 £645,000 F L 111 £5,811 £623,534 £5,617

APARTMENT 26 BLENHEIM LODGE, 41 CHESHAM ROAD HP6 5HX 03/11/2017 £249,950 F L 54 £4,629 £249,950 £4,629

APARTMENT 15 BLENHEIM LODGE, 41 CHESHAM ROAD HP6 5HX 10/08/2017 £320,000 F L 73 £4,384 £306,721 £4,202

BRAMHALL DEVONSHIRE AVENUE HP6 5JE 24/08/2017 £2,140,000 D F 315 £6,794 £2,051,197 £6,512

HOLLYBUSH HOUSE DEVONSHIRE AVENUE HP6 5JF 04/08/2017 £2,395,000 D F 399 £6,003 £2,295,616 £5,753

28 DEVONSHIRE CLOSE HP6 5JG 29/09/2017 £570,000 T F 116 £4,914 £543,839 £4,688

2 LEXHAM COURT RICKMANSWORTH ROAD HP6 5JH 14/08/2017 £395,000 F L 65 £6,077 £378,609 £5,825

11 ESKDALE LODGE LEXHAM GARDENS HP6 5JJ 06/10/2017 £400,000 F L 68 £5,882 £386,687 £5,687

17 LONG PARK CLOSE HP6 5JY 01/12/2017 £1,095,000 D F 188 £5,824 £1,095,000 £5,824

26 LONG PARK HP6 5LA 04/09/2017 £700,000 S F 141 £4,965 £667,872 £4,737

7 THE WOODLANDS HP6 5LD 22/11/2017 £490,000 S F 85 £5,765 £490,000 £5,765

GREENBANK HOUSE, 20 SOUTH ROAD HP6 5LU 15/12/2017 £1,225,000 D F 239 £5,126 £1,225,000 £5,126




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

4 BOIS AVENUE HP6 5NS 03/11/2017 £1,900,000 D F 437 £4,348 £1,900,000 £4,348

3 WINSTONE CLOSE HP6 5PJ 23/10/2017 £1,125,000 D F 166 £6,777 £1,087,558 £6,552

34 CLIFTON ROAD HP6 5PP 27/10/2017 £1,075,000 D F 217 £4,954 £1,039,223 £4,789



19 REDDING DRIVE HP6 5PX 01/08/2017 £960,000 D F 176 £5,455 £920,163 £5,228

11 COPPERKINS LANE HP6 5QB 24/10/2017 £1,890,000 D F 456 £4,145 £1,827,098 £4,007

10 WEEDON LANE HP6 5QS 27/11/2017 £950,000 D F 133 £7,143 £950,000 £7,143

4 WEEDON LANE HP6 5QS 16/08/2017 £1,275,000 D F 192 £6,641 £1,222,092 £6,365

54A COPPERKINS LANE HP6 5RA 18/08/2017 £1,400,000 D F 194 £7,216 £1,341,905 £6,917

72 WOODSIDE ROAD HP6 6AN 03/11/2017 £730,000 S F 137 £5,328 £730,000 £5,328

6 GREEN LANE HP6 6AR 23/11/2017 £760,000 S F 141 £5,390 £760,000 £5,390

36 BRIERY WAY HP6 6AT 23/11/2017 £510,000 T F 96 £5,313 £510,000 £5,313

32 PARKFIELD AVENUE HP6 6BE 24/08/2017 £1,450,000 D F 263 £5,513 £1,389,830 £5,285

16 WOODSIDE AVENUE HP6 6BG 11/10/2017 £800,000 S F 135 £5,926 £773,375 £5,729

6 BUCKINGHAM HOUSE BOIS LANE HP6 6BN 09/11/2017 £270,000 F L 52 £5,192 £270,000 £5,192

16 BOIS LANE HP6 6BP 06/12/2017 £1,125,000 D F 199 £5,653 £1,125,000 £5,653

FLAT 4 BOIS GATE HOUSE, 18 BOIS LANE HP6 6BP 27/09/2017 £410,000 F L 61 £6,721 £391,182 £6,413

26A HOLLOW WAY LANE HP6 6DJ 11/10/2017 £1,125,000 D F 227 £4,956 £1,087,558 £4,791

3 HOLLOW WAY LANE HP6 6DJ 10/10/2017 £825,000 D F 154 £5,357 £797,543 £5,179

67 ST LEONARDS ROAD HP6 6DR 11/08/2017 £925,000 D F 150 £6,167 £886,616 £5,911

85 ST LEONARDS ROAD HP6 6DR 04/08/2017 £746,000 D F 119 £6,269 £715,044 £6,009

1 ST LEONARDS ROAD HP6 6DT 18/10/2017 £840,000 D F 161 £5,217 £812,044 £5,044




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

3 CHESTNUT COURT CHESTNUT LANE HP6 6ED 17/11/2017 £445,000 T F 89 £5,000 £445,000 £5,000

6 THE GOWERS HP6 6ER 18/09/2017 £185,000 F L 27 £6,852 £176,509 £6,537

14 THE GOWERS HP6 6ER 25/08/2017 £215,000 T L 33 £6,515 £206,078 £6,245

3 TALL OAKS HP6 6HB 08/09/2017 £1,007,500 D F 155 £6,500 £961,259 £6,202

67 GRIMSDELLS LANE HP6 6HH 14/08/2017 £795,000 S F 145 £5,483 £762,010 £5,255

39 HIGHFIELD CLOSE HP6 6HQ 08/09/2017 £760,000 D F 97 £7,835 £725,118 £7,475

57 PLANTATION ROAD HP6 6HW 01/08/2017 £705,000 S F 178 £3,961 £675,745 £3,796

70 PLANTATION ROAD HP6 6HW 01/08/2017 £269,950 F L 54 £4,999 £258,748 £4,792

94 PLANTATION ROAD HP6 6HW 01/08/2017 £575,000 S F 154 £3,734 £551,139 £3,579

30 WELLER ROAD HP6 6LG 03/08/2017 £275,000 S F 75 £3,667 £263,588 £3,515

144 WOODSIDE ROAD HP6 6NP 13/10/2017 £668,000 S F 126 £5,302 £645,768 £5,125

4 ROWAN PLACE HP6 6UR 01/08/2017 £395,000 T F 59 £6,695 £378,609 £6,417

40 GILBERT SCOTT COURT WHIELDEN STREET HP7 0AR 16/08/2017 £392,000 F L 67 £5,851 £375,733 £5,608

100C STATION ROAD HP7 0AS 05/10/2017 £658,000 D F 89 £7,393 £636,101 £7,147

4 HIGHOVER PARK HP7 0BN 17/10/2017 £1,230,000 D F 184 £6,685 £1,189,064 £6,462

21 THORNHILL CLOSE HP7 0EW 08/09/2017 £875,000 D F 120 £7,292 £834,840 £6,957

46 WHIELDEN STREET HP7 0HU 16/08/2017 £1,225,000 T F 185 £6,622 £1,174,167 £6,347

18 FIELDWAY HP7 0JJ 20/10/2017 £470,000 S F 95 £4,947 £454,358 £4,783

17 FIELDWAY HP7 0JJ 18/08/2017 £470,000 S F 82 £5,732 £450,497 £5,494

ORCHARD HOUSE GORE HILL HP7 0JN 01/12/2017 £775,000 D F 131 £5,916 £775,000 £5,916

SHARDELOES EAST LODGE MISSENDEN ROAD HP7 0RN 17/08/2017 £1,216,000 D F 186 £6,538 £1,165,540 £6,266

19 THE RISE HP7 9AG 15/08/2017 £907,500 D F 163 £5,567 £869,842 £5,336

19 FIRST AVENUE HP7 9BJ 08/09/2017 £670,000 S F 107 £6,262 £639,249 £5,974




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

10 WOODLEY COURT HP7 9BT 11/08/2017 £288,000 F L 50 £5,760 £276,049 £5,521

21 WEST ACRES HP7 9BY 25/08/2017 £444,000 T F 88 £5,045 £425,576 £4,836

43 CHEQUERS HILL HP7 9DQ 15/08/2017 £565,000 S F 97 £5,825 £541,554 £5,583

SUNNYBANK, 17 WILLOW LANE HP7 9DW 18/08/2017 £672,000 D F 120 £5,600 £644,114 £5,368

37 HILLSIDE GARDENS HP7 9DX 10/08/2017 £418,500 T F 150 £2,790 £401,134 £2,674

33C DRAKES ROAD HP7 9ED 10/10/2017 £430,000 S F 73 £5,890 £415,689 £5,694

13 DRAKES ROAD HP7 9EE 11/08/2017 £366,000 T F 104 £3,519 £350,812 £3,373

52 QUARRENDON ROAD HP7 9EH 15/11/2017 £557,300 D F 86 £6,480 £557,300 £6,480

62 QUARRENDON ROAD HP7 9EH 30/10/2017 £520,000 S F 90 £5,778 £502,694 £5,585

2 LONGWOOD LANE HP7 9EN 30/11/2017 £265,000 S L 52 £5,096 £265,000 £5,096

91 QUARRENDON ROAD HP7 9ER 18/09/2017 £525,000 S F 116 £4,526 £500,904 £4,318

29 BLACK ACRE CLOSE HP7 9EW 06/09/2017 £515,000 S F 89 £5,787 £491,363 £5,521

36 BLACK ACRE CLOSE HP7 9EW 17/08/2017 £546,000 S F 78 £7,000 £523,343 £6,710

1 SALISBURY CLOSE HP7 9EX 11/10/2017 £835,000 O F 147 £5,680 £807,210 £5,491

4 LINCOLN PARK HP7 9EZ 18/10/2017 £645,000 D F 153 £4,216 £623,534 £4,075

FLAT 5 CHILTERN MEWS, 44 LINCOLN PARK HP7 9HD 01/08/2017 £285,000 F L 46 £6,196 £273,173 £5,939

39 THE RIDGEWAY HP7 9HJ 10/08/2017 £635,000 S F 146 £4,349 £608,650 £4,169

44 LITTLE REEVES AVENUE HP7 9JB 30/08/2017 £528,000 S F 118 £4,475 £506,090 £4,289

15 LANEWOOD CLOSE HP7 9JL 23/11/2017 £425,000 T F 82 £5,183 £425,000 £5,183

1 PEAR TREE CLOSE HP7 9TB 06/11/2017 £347,500 T F 50 £6,950 £347,500 £6,950

Average: £735,436 £5,500

Little Chalfont

22 STUBWICK COURT OLD SAW MILL PLACE HP6 6FF 18/08/2017 £320,000 F L 60 £5,333 £306,721 £5,112




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

11 OLD SAW MILL PLACE HP6 6FJ 27/10/2017 £573,000 S F 112 £5,116 £553,930 £4,946

7 THE BRAMBLINGS HP6 6FN 28/11/2017 £510,000 T F 108 £4,722 £510,000 £4,722

39 THE BRAMBLINGS HP6 6FN 06/11/2017 £495,000 S F 89 £5,562 £495,000 £5,562

67 THE BRAMBLINGS HP6 6FN 14/09/2017 £460,000 T F 78 £5,897 £438,887 £5,627

20 BELL LANE HP6 6PD 02/11/2017 £570,000 S F 101 £5,644 £570,000 £5,644

17 CHENIES AVENUE HP6 6PR 11/09/2017 £665,000 D F 110 £6,045 £634,479 £5,768

17 BEDFORD AVENUE HP6 6PT 15/09/2017 £610,500 S F 100 £6,105 £582,480 £5,825

10 PAVILION WAY HP6 6QA 25/08/2017 £315,000 T L 52 £6,058 £301,929 £5,806

20 MARYGOLD WALK HP6 6QF 15/09/2017 £377,000 S F 94 £4,011 £359,697 £3,827

23 SANDYCROFT ROAD HP6 6QN 01/12/2017 £440,000 S F 84 £5,238 £440,000 £5,238

47 SANDYCROFT ROAD HP6 6QN 24/11/2017 £440,000 S F 79 £5,570 £440,000 £5,570

46 SANDYCROFT ROAD HP6 6QR 29/09/2017 £465,000 T F 86 £5,407 £443,658 £5,159

7 KILN AVENUE HP6 6QW 11/08/2017 £285,000 F L 69 £4,130 £273,173 £3,959

158 ELIZABETH AVENUE HP6 6RG 07/11/2017 £640,000 D F 73 £8,767 £640,000 £8,767

138 ELIZABETH AVENUE HP6 6RG 14/09/2017 £680,000 D F 125 £5,440 £648,790 £5,190

2 WESTWOOD DRIVE HP6 6RL 15/12/2017 £590,000 S F 92 £6,413 £590,000 £6,413

137 CHESSFIELD PARK HP6 6RU 09/11/2017 £774,000 D F 156 £4,962 £774,000 £4,962

40 CHESSFIELD PARK HP6 6RX 05/10/2017 £670,000 D F 126 £5,317 £647,701 £5,140

23 CHURCH GROVE HP6 6SH 30/08/2017 £975,000 D F 140 £6,964 £934,541 £6,675

84 AMERSHAM ROAD HP6 6SL 10/10/2017 £700,000 S F 122 £5,738 £676,703 £5,547

40 CUMBERLAND CLOSE HP7 9NJ 06/10/2017 £250,000 F L 52 £4,808 £241,680 £4,648

172 WHITE LION ROAD HP7 9NL 15/11/2017 £808,200 D F 133 £6,077 £808,200 £6,077

176 WHITE LION ROAD HP7 9NL 14/09/2017 £725,000 S F 163 £4,448 £691,725 £4,244




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

11A CHENIES PARADE HP7 9PH 27/11/2017 £335,000 O L 72 £4,653 £335,000 £4,653

5A CHENIES PARADE HP7 9PH 25/10/2017 £323,000 F L 85 £3,800 £312,250 £3,674

11 LINFIELDS HP7 9QH 06/10/2017 £725,000 D F 113 £6,416 £700,871 £6,202

Average: £531,534 £5,369

Chalfont St Peter

29 JOINERS LANE SL9 0AB 15/09/2017 £660,000 D F 102 £6,471 £629,708 £6,174

54 JOINERS LANE SL9 0AT 10/11/2017 £773,500 D F 136 £5,688 £773,500 £5,688

52 ROYLE CLOSE SL9 0BB 15/09/2017 £440,000 T F 100 £4,400 £419,805 £4,198

19 JOINERS WAY SL9 0BQ 20/11/2017 £525,000 D F 82 £6,402 £525,000 £6,402

19 HIGHLANDS LANE SL9 0DL 24/08/2017 £675,000 D F 145 £4,655 £646,990 £4,462

31 HILLFIELD SQUARE SL9 0DY 27/10/2017 £850,000 D F 143 £5,944 £821,711 £5,746

43 DENHAM LANE SL9 0EP 31/10/2017 £640,000 D F 113 £5,664 £618,700 £5,475

66 DENHAM LANE SL9 0ES 02/08/2017 £630,000 D F 109 £5,780 £603,857 £5,540

24 DENHAM LANE SL9 0EX 13/10/2017 £710,000 D F 124 £5,726 £686,370 £5,535

23 HILLSIDE CLOSE SL9 0HJ 20/10/2017 £460,000 S F 107 £4,299 £444,691 £4,156

19 HILLSIDE CLOSE SL9 0HJ 15/09/2017 £310,000 F L 53 £5,849 £295,772 £5,581

10A PETER HILL CLOSE SL9 0HZ 20/11/2017 £354,370 F L 57 £6,217 £354,370 £6,217

3 BRAMBLE CLOSE SL9 0JP 25/08/2017 £905,000 D F 177 £5,113 £867,446 £4,901

28 NORTOFT ROAD SL9 0LD 06/10/2017 £715,000 S F 141 £5,071 £691,204 £4,902

9 MID CROSS LANE SL9 0LF 25/08/2017 £660,000 D F 120 £5,500 £632,612 £5,272

25 NORTHDOWN ROAD SL9 0LG 30/11/2017 £540,000 D F 86 £6,279 £540,000 £6,279

18 NORTHDOWN ROAD SL9 0LQ 01/09/2017 £530,000 S F 111 £4,775 £505,675 £4,556

1 CROSS LANES CLOSE SL9 0LS 30/08/2017 £820,000 D F 146 £5,616 £785,973 £5,383




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

REDLANDS, 100 RICKMANSWORTH LANE SL9 0LY 17/11/2017 £997,000 D F 210 £4,748 £997,000 £4,748

31C RICKMANSWORTH LANE SL9 0NA 04/08/2017 £635,000 T F 121 £5,248 £608,650 £5,030

3 MARK DRIVE SL9 0PP 19/09/2017 £735,200 D F 112 £6,564 £701,457 £6,263

3 ROBERTS LANE SL9 0QR 11/10/2017 £465,000 T F 87 £5,345 £449,524 £5,167

JUBILEE HOUSE, 23 CHERRY ACRE SL9 0SX 15/09/2017 £980,000 D F 227 £4,317 £935,021 £4,119

BUCKHURST PACKHORSE ROAD SL9 8JE 30/08/2017 £2,100,000 D F 382 £5,497 £2,012,857 £5,269

LITTLE ASTONS PACKHORSE ROAD SL9 8JF 14/11/2017 £1,222,000 D F 170 £7,188 £1,222,000 £7,188

HIGHBURGH HOUSE PACKHORSE ROAD SL9 8JF 26/10/2017 £1,825,000 D F 382 £4,777 £1,764,262 £4,618

LATCH END, 18 LATCHMOOR AVENUE SL9 8LJ 04/09/2017 £1,565,000 D F 216 £7,245 £1,493,171 £6,913

8 THE GREENWAY SL9 8LX 30/11/2017 £865,000 S F 137 £6,314 £865,000 £6,314

9 THE GREENWAY SL9 8LX 12/09/2017 £650,000 S F 150 £4,333 £620,167 £4,134

20 AUSTENWAY SL9 8NW 22/11/2017 £1,150,000 D F 187 £6,150 £1,150,000 £6,150

11 ASHLEA ROAD SL9 8NY 01/09/2017 £770,000 D F 136 £5,662 £734,659 £5,402

CHURSTON BULL LANE SL9 8RL 10/11/2017 £2,150,000 D F 418 £5,144 £2,150,000 £5,144

7 PRIORY WAY SL9 8SD 02/11/2017 £770,000 S F 191 £4,031 £770,000 £4,031

56 LOWER ROAD SL9 9AA 03/11/2017 £838,060 D F 187 £4,482 £838,060 £4,482

5 GRANGE FIELDS SL9 9AG 11/09/2017 £665,000 D F 106 £6,274 £634,479 £5,986

2 HILL RISE SL9 9BH 20/11/2017 £810,000 D F 132 £6,136 £810,000 £6,136

34 HILL RISE SL9 9BH 29/08/2017 £800,000 S F 126 £6,349 £766,803 £6,086

GOLD HILL COTTAGE GOLD HILL EAST SL9 9DG 01/09/2017 £1,700,000 D F 276 £6,159 £1,621,975 £5,877

10 MEADOWCROFT SL9 9DH 23/08/2017 £862,000 D F 171 £5,041 £826,230 £4,832

WHITESIDE CHERRY TREE LANE SL9 9DQ 14/12/2017 £930,000 D F 157 £5,924 £930,000 £5,924

COPPERMILL CHERRY TREE LANE SL9 9DQ 25/08/2017 £1,050,000 D F 197 £5,330 £1,006,429 £5,109




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

ST LOUIS CHURCHFIELD ROAD SL9 9ER 22/08/2017 £520,000 S F 107 £4,860 £498,422 £4,658

24 LAYTERS AVENUE SL9 9HP 02/08/2017 £520,000 D F 72 £7,222 £498,422 £6,923

5 FAIRHAVEN GOLD HILL NORTH SL9 9JE 21/08/2017 £858,800 D F 152 £5,650 £823,163 £5,416

56 LEACHCROFT SL9 9LJ 06/12/2017 £525,000 S F 102 £5,147 £525,000 £5,147

14 TUNMERS END SL9 9LW 25/08/2017 £650,000 D F 109 £5,963 £623,027 £5,716

72 GLEBE ROAD SL9 9NJ 06/12/2017 £545,000 D F 77 £7,078 £545,000 £7,078

52 GLEBE ROAD SL9 9NJ 04/08/2017 £499,950 T F 81 £6,172 £479,204 £5,916

47A LOVEL ROAD SL9 9NR 15/09/2017 £590,000 D F 109 £5,413 £562,921 £5,164

52A LOVEL ROAD SL9 9NT 04/08/2017 £650,000 D F 124 £5,242 £623,027 £5,024

99 LOVEL ROAD SL9 9NY 30/08/2017 £631,000 S F 148 £4,264 £604,816 £4,087

HIBERNIA BOUNDARY ROAD SL9 9PG 29/09/2017 £580,000 D F 106 £5,472 £553,380 £5,221

14 ADSTOCK MEWS CHURCH LANE SL9 9RN 11/09/2017 £480,000 T F 71 £6,761 £457,969 £6,450

9 LANSDOWN ROAD SL9 9SP 17/11/2017 £375,000 T F 65 £5,769 £375,000 £5,769

53 LANSDOWN ROAD SL9 9SP 19/09/2017 £525,000 S F 103 £5,097 £500,904 £4,863

MANACOTT SANDY RISE SL9 9TR 08/11/2017 £675,000 D F 108 £6,250 £675,000 £6,250

HIGH MOUNT SANDY RISE SL9 9TR 25/08/2017 £633,000 D F 77 £8,221 £606,733 £7,880

REDLANDS ELLIS AVENUE SL9 9UA 28/09/2017 £850,000 D F 175 £4,857 £810,988 £4,634

MOUNT FORT ELLIS AVENUE SL9 9UB 04/08/2017 £1,730,000 D F 490 £3,531 £1,658,211 £3,384

Average: £782,582 £5,440

Chalfont St Giles

NEWLYN BURTONS LANE HP8 4BA 26/09/2017 £1,750,000 D F 340 £5,147 £1,669,680 £4,911

DORMANS BURTONS LANE HP8 4BA 04/08/2017 £1,075,000 D F 118 £9,110 £1,030,391 £8,732

WILLOW TREES PARK GROVE HP8 4BG 25/08/2017 £3,312,000 D F 621 £5,333 £3,174,563 £5,112




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

SWANSTON BURTONS WAY HP8 4BP 22/09/2017 £1,600,000 D F 205 £7,805 £1,526,565 £7,447

OAK BEAMS BURTONS WAY HP8 4BP 23/08/2017 £1,640,000 D F 232 £7,069 £1,571,946 £6,776

7 NARCOT LANE HP8 4DA 08/09/2017 £640,000 D F 84 £7,619 £610,626 £7,269

5 NARCOT ROAD HP8 4DD 25/08/2017 £430,000 S F 75 £5,733 £412,156 £5,495

58 NARCOT ROAD HP8 4DF 04/10/2017 £285,000 S L 56 £5,089 £275,515 £4,920

20 PALLISER ROAD HP8 4DN 11/08/2017 £659,000 S F 143 £4,608 £631,654 £4,417

23 FLEETWOOD CLOSE HP8 4DR 30/10/2017 £590,000 S F 105 £5,619 £570,364 £5,432

SPINELLE NARCOT LANE HP8 4DX 21/09/2017 £820,000 D F 164 £5,000 £782,364 £4,771

OLD CHELSEA NARCOT LANE HP8 4DX 15/09/2017 £1,800,000 D F 302 £5,960 £1,717,385 £5,687

APRIL COTTAGE DODDS LANE HP8 4EL 06/10/2017 £1,200,000 D F 193 £6,218 £1,160,062 £6,011

12 BOTTRELLS LANE HP8 4EX 24/08/2017 £898,000 D F 116 £7,741 £860,736 £7,420

20 BOTTRELLS LANE HP8 4EY 01/11/2017 £855,000 D F 98 £8,724 £855,000 £8,724

BRACKEN PLACE DEADHEARN LANE HP8 4HG 07/12/2017 £1,450,000 D F 351 £4,131 £1,450,000 £4,131

85 KINGS ROAD HP8 4HJ 14/12/2017 £1,025,000 S F 201 £5,100 £1,025,000 £5,100

31 KINGS CLOSE HP8 4HW 01/12/2017 £725,000 D F 128 £5,664 £725,000 £5,664

21 KINGS CLOSE HP8 4HW 12/10/2017 £700,000 D F 86 £8,140 £676,703 £7,869

13 TRIPPS HILL CLOSE HP8 4JZ 01/09/2017 £570,000 D F 83 £6,867 £543,839 £6,552

19 SYCAMORE ROAD HP8 4LE 18/08/2017 £440,000 T F 82 £5,366 £421,742 £5,143

1 WHITE HART CLOSE HP8 4PH 03/11/2017 £560,000 S F 102 £5,490 £560,000 £5,490

32 WHITE HART CLOSE HP8 4PH 29/09/2017 £703,000 T F 175 £4,017 £670,734 £3,833

6 WHITE HART CLOSE HP8 4PH 12/09/2017 £575,000 T F 129 £4,457 £548,609 £4,253

5 HEARNE COURT HP8 4PW 15/09/2017 £275,000 T F 44 £6,250 £262,378 £5,963

8 CROSSLEYS HP8 4QR 01/09/2017 £515,000 S F 72 £7,153 £491,363 £6,824




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

FRONHAUL VACHE LANE HP8 4SB 30/10/2017 £715,000 S F 136 £5,257 £691,204 £5,082

GARDEN COTTAGE VACHE LANE HP8 4SD 06/10/2017 £1,795,000 D F 201 £8,930 £1,735,260 £8,633

LITTLE OWLS DOGGETTS WOOD LANE HP8 4TJ 23/11/2017 £1,825,000 D F 329 £5,547 £1,825,000 £5,547

Average: £981,926 £5,973

Great Missenden & Prestwood (including Heath End)

31 FERNSIDE HP15 6HN 18/10/2017 £433,000 S F 74 £5,851 £418,589 £5,657

27 FERNSIDE HP15 6HN 31/08/2017 £450,000 S F 77 £5,844 £431,327 £5,602

39 FERNSIDE HP15 6HN 31/08/2017 £510,000 D F 91 £5,604 £488,837 £5,372

1 ST MARGARETS GROVE HP15 6HW 23/10/2017 £735,000 D F 183 £4,016 £710,538 £3,883

8 ST MARGARETS GROVE HP15 6HW 22/08/2017 £485,000 D F 104 £4,663 £464,874 £4,470

PETERLEY FOURWAYS COTTAGE WYCOMBE ROAD HP16 0HJ 25/10/2017 £810,000 D F 191 £4,241 £783,042 £4,100

92 WYCOMBE ROAD HP16 0HW 11/12/2017 £475,000 D F 109 £4,358 £475,000 £4,358

71 WRIGHTS LANE HP16 0LG 17/11/2017 £332,000 T F 81 £4,099 £332,000 £4,099

8 GRYMS DYKE HP16 0LL 15/09/2017 £210,000 F L 54 £3,889 £200,362 £3,710

33 GRYMS DYKE HP16 0LP 12/10/2017 £367,500 S F 70 £5,250 £355,269 £5,075

47 GRYMS DYKE HP16 0LP 15/09/2017 £225,000 F L 62 £3,629 £214,673 £3,462

25 WRIGHTS LANE HP16 0LQ 29/09/2017 £365,000 T F 94 £3,883 £348,248 £3,705

57 HAZELL ROAD HP16 0LR 29/11/2017 £182,000 F L 72 £2,528 £182,000 £2,528

8 DRESSER ROAD HP16 0NA 29/09/2017 £290,000 T F 92 £3,152 £276,690 £3,007

41 HONOR ROAD HP16 0NJ 20/09/2017 £180,000 F L 66 £2,727 £171,739 £2,602

29 BLACKSMITH LANE HP16 0NP 16/10/2017 £410,000 T F 90 £4,556 £396,355 £4,404

36 CLARE ROAD HP16 0NS 16/10/2017 £420,000 S F 90 £4,667 £406,022 £4,511

68 CLARE ROAD HP16 0NU 13/10/2017 £405,000 T F 81 £5,000 £391,521 £4,834




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

18 BLACKSMITH LANE HP16 0NW 11/08/2017 £370,000 S F 78 £4,744 £354,646 £4,547

17 SIXTY ACRES ROAD HP16 0PD 24/11/2017 £665,000 D F 133 £5,000 £665,000 £5,000

6 SIXTY ACRES ROAD HP16 0PD 11/09/2017 £612,500 D F 161 £3,804 £584,388 £3,630

38 GILES GATE HP16 0PH 23/11/2017 £292,500 F L 64 £4,570 £292,500 £4,570

28 GILES GATE HP16 0PH 26/10/2017 £290,000 F L 47 £6,170 £280,348 £5,965

REEVES NEW ROAD HP16 0PX 20/10/2017 £390,000 S F 83 £4,699 £377,020 £4,542

ORCHARD COTTAGE GREEN LANE HP16 0QA 11/09/2017 £635,000 D F 102 £6,225 £605,855 £5,940

WHITE GATES NAIRDWOOD LANE HP16 0QF 18/09/2017 £650,000 D F 111 £5,856 £620,167 £5,587

WOODCOTE NAIRDWOOD LANE HP16 0QH 11/12/2017 £1,200,000 D F 233 £5,150 £1,200,000 £5,150

ROSEWOOD NAIRDWOOD LANE HP16 0QQ 01/12/2017 £415,000 D F 77 £5,390 £415,000 £5,390

19 WREN ROAD HP16 0SB 30/10/2017 £182,500 F L 39 £4,679 £176,426 £4,524

38 GREENSIDE HP16 0SE 23/10/2017 £360,000 S F 87 £4,138 £348,019 £4,000

10 GREENSIDE HP16 0SE 18/09/2017 £367,000 S F 78 £4,705 £350,156 £4,489

11 BURNETTS COURT HP16 0SR 06/09/2017 £175,000 F L 42 £4,167 £166,968 £3,975

2 LONG ROW HP16 9BS 30/08/2017 £395,000 S F 53 £7,453 £378,609 £7,144

4 MOAT CLOSE HP16 9BX 18/08/2017 £660,000 D F 109 £6,055 £632,612 £5,804

2 PANKRIDGE DRIVE HP16 9BZ 08/09/2017 £730,000 S F 141 £5,177 £696,495 £4,940

MORNINGSIDE KILN ROAD HP16 9DH 30/10/2017 £480,000 D F 81 £5,926 £464,025 £5,729

RINGWOOD KILN ROAD HP16 9DH 18/08/2017 £700,000 D F 167 £4,192 £670,952 £4,018

38 MAYBUSH GARDENS HP16 9EA 03/11/2017 £430,000 S F 86 £5,000 £430,000 £5,000

12B HIGH STREET HP16 9EB 01/12/2017 £357,500 T F 62 £5,766 £357,500 £5,766

129 HIGH STREET HP16 9EX 22/09/2017 £403,500 S F 84 £4,804 £384,981 £4,583

127 HIGH STREET HP16 9EX 09/08/2017 £485,000 S F 90 £5,389 £464,874 £5,165




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

100 HIGH STREET HP16 9EY 09/08/2017 £370,000 T F 76 £4,868 £354,646 £4,666

98 HIGH STREET HP16 9EY 04/08/2017 £299,950 S F 66 £4,545 £287,503 £4,356

11 ABBEY WALK HP16 0AY 11/08/2017 £450,000 T F 100 £4,500 £431,327 £4,313

1 WHITEFIELD LANE HP16 0BH 25/08/2017 £520,000 S F 102 £5,098 £498,422 £4,886

BRAY COTTAGE NAGS HEAD LANE HP16 0ER 11/08/2017 £535,000 S F 105 £5,095 £512,799 £4,884

20 WYCHWOOD RISE HP16 0HB 01/12/2017 £635,000 D F 135 £4,704 £635,000 £4,704

WOODLANDS NAGS HEAD LANE HP16 0HD 25/09/2017 £920,000 D F 182 £5,055 £877,775 £4,823

CEDAR LODGE NAGS HEAD LANE HP16 0HQ 09/08/2017 £585,000 D F 75 £7,800 £560,725 £7,476

FLAT 2 ELMHURST HIGH STREET HP16 9AA 13/09/2017 £357,500 F L 76 £4,704 £341,092 £4,488

NIGHTINGALES LITTLE HOLLIS HP16 9HZ 17/08/2017 £955,000 D F 198 £4,823 £915,371 £4,623

Average: £458,398 £4,707

Holmer Green

32 ORCHARD PARK HP15 6QX 18/09/2017 £560,000 D F 147 £3,810 £534,298 £3,635

1 BRAMBLE CRESCENT HP15 6RA 01/12/2017 £320,000 T F 79 £4,051 £320,000 £4,051

15 ORCHARD WAY HP15 6RF 14/08/2017 £540,000 S F 111 £4,865 £517,592 £4,663

40 BROWNS ROAD HP15 6RZ 13/10/2017 £750,000 D F 154 £4,870 £725,039 £4,708

8 FOX ROAD HP15 6SE 07/11/2017 £350,000 T F 87 £4,023 £350,000 £4,023

15 PARSONS WALK HP15 6SJ 16/08/2017 £240,000 F L 43 £5,581 £230,041 £5,350

29 SHEEPCOTE DELL ROAD HP15 6TJ 27/10/2017 £415,000 S F 85 £4,882 £401,188 £4,720

49 SHEEPCOTE DELL ROAD HP15 6TJ 20/10/2017 £445,000 S F 86 £5,174 £430,190 £5,002

40 SHEEPCOTE DELL ROAD HP15 6TL 02/11/2017 £850,000 D F 140 £6,071 £850,000 £6,071

65 WATCHET LANE HP15 6UF 30/11/2017 £500,000 D F 74 £6,757 £500,000 £6,757

56 BEECH TREE ROAD HP15 6UT 15/09/2017 £490,000 S F 100 £4,900 £467,510 £4,675




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

74 BEECH TREE ROAD HP15 6UT 18/08/2017 £390,000 S F 57 £6,842 £373,816 £6,558

24 BEECH TREE ROAD HP15 6UZ 17/08/2017 £495,000 S F 95 £5,211 £474,459 £4,994

6 SHEPHERDS FOLD HP15 6XZ 24/11/2017 £690,000 D F 152 £4,539 £690,000 £4,539

17 WINTERS WAY HP15 6YA 10/11/2017 £395,000 S F 74 £5,338 £395,000 £5,338

51 WINTERS WAY HP15 6YA 16/08/2017 £387,500 T F 95 £4,079 £371,420 £3,910

Average: £476,910 £4,937

Knotty Green & Penn (including Forty Green)

SUNNYSIDE BRINDLE LANE HP9 1XT 24/10/2017 £850,000 D F 113 £7,522 £821,711 £7,272

FLAT 1 GOMMS WOOD HOUSE CHERRY DRIVE HP9 1XW 20/10/2017 £625,000 F L 155 £4,032 £604,199 £3,898

FLAT 5 GOMMS WOOD HOUSE CHERRY DRIVE HP9 1XW 10/10/2017 £660,000 O L 169 £3,905 £638,034 £3,775

37 HOGBACK WOOD ROAD HP9 1JT 20/10/2017 £910,000 D F 139 £6,547 £879,714 £6,329

11 WOODLANDS DRIVE HP9 1JY 17/11/2017 £1,037,000 D F 100 £10,370 £1,037,000 £10,370

12 PITCH POND CLOSE HP9 1XY 30/08/2017 £1,100,000 D F 212 £5,189 £1,054,354 £4,973

45 SANDELSWOOD END HP9 2AA 31/10/2017 £1,600,000 D F 365 £4,384 £1,546,750 £4,238

12 KNOTTOCKS DRIVE HP9 2AH 06/12/2017 £1,290,000 D F 216 £5,972 £1,290,000 £5,972

5 HOWE DRIVE HP9 2BG 15/09/2017 £1,085,000 D F 187 £5,802 £1,035,202 £5,536

1 DISRAELI PARK HP9 2QE 18/08/2017 £1,400,000 D F 196 £7,143 £1,341,905 £6,846

9 HAZLEMERE ROAD HP10 8AD 19/10/2017 £985,000 D F 199 £4,950 £952,218 £4,785

42 HAZLEMERE ROAD HP10 8AD 18/08/2017 £475,000 S F 100 £4,750 £455,289 £4,553

68 HAZLEMERE ROAD HP10 8AG 23/08/2017 £755,000 D F 138 £5,471 £723,670 £5,244

20 BURROWS CLOSE HP10 8AR 30/11/2017 £740,000 D F 149 £4,966 £740,000 £4,966

ST MARKS COTTAGE ELM ROAD HP10 8LF 31/08/2017 £940,000 D F 150 £6,267 £900,993 £6,007

THE COTTAGE BEACON HILL HP10 8NH 06/10/2017 £470,000 T F 61 £7,705 £454,358 £7,448




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

75 THE COTTAGES BEACON HILL HP10 8NH 11/08/2017 £508,000 T F 56 £9,071 £486,920 £8,695

Average: £880,136 £5,936

Seer Green (including Jordans)

LONG RIDGE, 14 LONG WOOD DRIVE HP9 2SS 03/11/2017 £1,280,000 D F 189 £6,772 £1,280,000 £6,772

SHANDON SEER GREEN LANE HP9 2ST 11/08/2017 £1,460,000 D L 226 £6,460 £1,399,415 £6,192

ST CHRISTOPHERS JORDANS LANE HP9 2SW 10/11/2017 £1,360,000 D F 235 £5,787 £1,360,000 £5,787

TWO PARISHES LONG BOTTOM LANE HP9 2UT 23/11/2017 £1,830,000 D F 294 £6,224 £1,830,000 £6,224

BRON LONG GROVE HP9 2QH 29/09/2017 £2,475,000 D F 546 £4,533 £2,361,405 £4,325

FLINT COTTAGE MANOR ROAD HP9 2QU 06/12/2017 £1,295,000 D F 196 £6,607 £1,295,000 £6,607

BARN COTTAGE NEWBARN LANE HP9 2QZ 08/12/2017 £460,000 D F 174 £2,644 £460,000 £2,644

3 DELL LEES HP9 2UJ 15/12/2017 £715,000 S F 136 £5,257 £715,000 £5,257

3 PEAR TREE CLOSE HP9 2UY 10/08/2017 £715,000 D F 154 £4,643 £685,330 £4,450

3 WOOD POND CLOSE HP9 2XG 01/09/2017 £699,950 D F 134 £5,224 £667,824 £4,984

2 GURNELLS ROAD HP9 2XJ 22/11/2017 £400,000 D F 85 £4,706 £400,000 £4,706

45 GURNELLS ROAD HP9 2XJ 15/09/2017 £835,000 D F 160 £5,219 £796,676 £4,979

15 HIGHLANDS ROAD HP9 2XL 10/10/2017 £860,000 D F 115 £7,478 £831,378 £7,229

19 HIGHLANDS ROAD HP9 2XL 04/08/2017 £515,000 D F 73 £7,055 £493,629 £6,762

19 CHALFONT ROAD HP9 2YS 27/10/2017 £700,000 D F 114 £6,140 £676,703 £5,936

25 STABLE LANE HP9 2YT 18/08/2017 £592,500 S F 109 £5,436 £567,913 £5,210

56 FARMERS WAY HP9 2YY 18/08/2017 £480,000 D F 83 £5,783 £460,082 £5,543

Average: £957,668 £5,506



Table 1h – Land Registry Sold Prices Review – South Bucks District Re-sale (August 2017 - February 2018) – Data sorted by Settlement


Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

Beaconsfield

28 CANDLEMAS LANE HP9 1AF 10/11/2017 £555,000 S F 87 £6,379 £540,850 £6,217

5 FERNHURST CLOSE HP9 1AN 01/11/2017 £552,500 S F 107 £5,164 £538,414 £5,032

68 CANDLEMAS MEAD HP9 1AR 01/09/2017 £525,000 S F 101 £5,198 £512,009 £5,069

APARTMENT 7 EMINEO STATION ROAD HP9 1AU 13/10/2017 £452,000 F L 66 £6,848 £435,558 £6,599

1 UPPER RIDING HP9 1BJ 30/11/2017 £332,500 T F 66 £5,038 £324,023 £4,909

1 LOWER RIDING HP9 1BQ 05/10/2017 £415,000 T F 68 £6,103 £399,904 £5,881

APARTMENT 11 SANZ HOUSE TIMMIS COURT HP9 1BZ 15/09/2017 £400,000 F L 67 £5,970 £390,102 £5,822

37A HEATH ROAD HP9 1DD 08/09/2017 £314,999 F L 62 £5,081 £307,204 £4,955

21 HEATH ROAD HP9 1DD 23/08/2017 £552,000 S F 113 £4,885 £536,649 £4,749

2 SOUTHWAY HP9 1DE 28/09/2017 £595,000 S F 136 £4,375 £580,277 £4,267

10 WOODWAY HP9 1DH 08/09/2017 £480,000 S F 83 £5,783 £468,122 £5,640

9 WEST WAY HP9 1DQ 11/08/2017 £615,000 D F 113 £5,442 £597,897 £5,291

105 HOLTSPUR TOP LANE HP9 1DT 01/12/2017 £1,240,000 D F 208 £5,962 £1,240,000 £5,962

OAKLEA 2A HOLTSPUR TOP LANE HP9 1DW 24/11/2017 £615,000 D F 88 £6,989 £599,321 £6,810

81 BURKES ROAD HP9 1EE 01/12/2017 £2,102,222 D F 431 £4,878 £2,102,222 £4,878

20 ST JOSEPHS MEWS HP9 1GA 13/12/2017 £1,020,000 T F 180 £5,667 £1,020,000 £5,667

22 CARDAIN HOUSE BURKES ROAD HP9 1HG 30/10/2017 £326,250 F L 74 £4,409 £314,382 £4,248

45 GREGORIES ROAD HP9 1HH 06/12/2017 £1,650,000 D F 194 £8,505 £1,650,000 £8,505

59 GREGORIES ROAD HP9 1HL 30/10/2017 £2,250,000 D F 272 £8,272 £2,168,153 £7,971

61 GREGORIES ROAD HP9 1HL 05/09/2017 £1,950,000 D F 171 £11,404 £1,901,747 £11,121

GARDEN HEIGHTS, 113 GREGORIES ROAD HP9 1HZ 22/09/2017 £1,675,000 D F 391 £4,284 £1,633,552 £4,178




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

THE WHITE HOUSE, 111 GREGORIES ROAD HP9 1HZ 25/08/2017 £1,640,000 D F 395 £4,152 £1,594,393 £4,036

6 HARTWELL DRIVE HP9 1JA 17/10/2017 £2,260,000 D F 368 £6,141 £2,177,790 £5,918

25 WOODSIDE AVENUE HP9 1JJ 21/08/2017 £993,120 D F 143 £6,945 £965,502 £6,752

5 MALKIN DRIVE HP9 1JN 03/08/2017 £1,225,000 D F 147 £8,333 £1,190,934 £8,102

1 TOP FARM CLOSE HP9 1JS 23/08/2017 £876,500 D F 167 £5,249 £852,125 £5,103

21 WYCOMBE END HP9 1LZ 29/09/2017 £396,000 T F 55 £7,200 £386,201 £7,022

23 WYCOMBE END HP9 1LZ 08/08/2017 £315,000 T F 43 £7,326 £306,240 £7,122

4 CRAIGLEITH GROVE ROAD HP9 1PT 29/09/2017 £580,000 F L 120 £4,833 £565,648 £4,714

43 BURKES ROAD HP9 1PW 09/10/2017 £3,700,000 D F 503 £7,356 £3,565,408 £7,088

FLAT 2 PENN HOUSE, 192 - 194 MAXWELL ROAD HP9 1QU 17/11/2017 £255,000 F L 48 £5,313 £248,499 £5,177

23 GARVIN AVENUE HP9 1RB 15/09/2017 £626,000 S F 120 £5,217 £610,510 £5,088

6 BUTLERS COURT ROAD HP9 1SF 30/11/2017 £1,395,000 D F 273 £5,110 £1,359,435 £4,980

9 SEAGRAVE ROAD HP9 1SU 23/08/2017 £1,946,713 D F 221 £8,809 £1,892,576 £8,564

3 TILSWORTH ROAD HP9 1TR 27/10/2017 £900,000 D F 155 £5,806 £867,261 £5,595

8 GROVE ROAD HP9 1UP 10/08/2017 £1,630,000 D F 162 £10,062 £1,584,671 £9,782

5 CALEDON ROAD HP9 2BX 21/08/2017 £1,253,875 D F 139 £9,021 £1,219,006 £8,770

93 SHEPHERDS LANE HP9 2DU 17/11/2017 £415,000 T F 77 £5,390 £404,420 £5,252

2 ORCHARD ROAD HP9 2DZ 24/10/2017 £547,500 T F 67 £8,172 £527,584 £7,874

1 ORCHARD ROAD HP9 2DZ 15/09/2017 £630,000 T F 84 £7,500 £614,411 £7,314

1 SHEPHERDS CLOSE HP9 2EA 28/09/2017 £530,000 T F 100 £5,300 £516,885 £5,169

8 LORD REITH PLACE HP9 2GE 21/09/2017 £1,425,000 D F 292 £4,880 £1,389,738 £4,759

35 WALLER ROAD HP9 2HD 20/10/2017 £667,000 S F 132 £5,053 £642,737 £4,869

7 WILTON COURT CROSSWAYS HP9 2HX 29/09/2017 £505,000 O L 93 £5,430 £492,504 £5,296




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

49A LAKES LANE HP9 2JZ 10/08/2017 £1,325,000 D F 250 £5,300 £1,288,153 £5,153

60 LAKES LANE HP9 2JZ 01/08/2017 £620,000 S F 102 £6,078 £602,758 £5,909

12 LAKES LANE HP9 2LB 24/10/2017 £850,000 D F 134 £6,343 £819,080 £6,113

5 CURZON AVENUE HP9 2NN 25/08/2017 £2,160,000 D F 393 £5,496 £2,099,932 £5,343

PIPERS WAIT, 11 ASSHETON ROAD HP9 2NP 08/09/2017 £1,210,000 D F 260 £4,654 £1,180,058 £4,539

47 REYNOLDS ROAD HP9 2NQ 06/09/2017 £1,175,000 D F 163 £7,209 £1,145,924 £7,030

15 COPPERFIELDS HP9 2NS 17/11/2017 £915,000 D F 163 £5,613 £891,672 £5,470

26 COPPERFIELDS HP9 2NT 22/11/2017 £1,225,000 D F 194 £6,314 £1,193,769 £6,153

4 HARESCOMBE COURT PENN ROAD HP9 2PY 15/11/2017 £430,000 F L 72 £5,972 £419,037 £5,820

10 DISRAELI PARK HP9 2QE 31/08/2017 £1,780,000 D F 299 £5,953 £1,730,499 £5,788

Average: £992,699 £6,027

Gerrards Cross

20 GAVIOTS WAY SL9 7DX 08/12/2017 £715,000 D F 79 £9,051 £715,000 £9,051

57A ST HUBERTS CLOSE SL9 7EN 15/11/2017 £1,332,500 D F 258 £5,165 £1,298,528 £5,033

14 ST HUBERTS CLOSE SL9 7EN 13/10/2017 £1,187,500 D F 164 £7,241 £1,144,303 £6,977

44 UPPER MEADOW SL9 7EY 27/10/2017 £320,000 F L 60 £5,333 £308,360 £5,139

31 FULMER DRIVE SL9 7HG 03/10/2017 £1,465,000 D F 301 £4,867 £1,411,709 £4,690

31A FULMER DRIVE SL9 7HG 25/08/2017 £1,677,750 D F 301 £5,574 £1,631,093 £5,419

54 FULMER DRIVE SL9 7HL 30/08/2017 £1,300,000 D F 218 £5,963 £1,263,848 £5,797

29 HOWARDS WOOD DRIVE SL9 7HR 01/09/2017 £1,130,000 D F 219 £5,160 £1,102,038 £5,032

6 HIGH BEECHES SL9 7HU 24/10/2017 £1,090,000 D F 175 £6,229 £1,050,350 £6,002

62 HIGH BEECHES SL9 7HY 01/12/2017 £845,000 D F 106 £7,972 £845,000 £7,972

3 THE GLADE SL9 7HZ 26/10/2017 £1,050,000 D F 164 £6,402 £1,011,805 £6,170




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

26 DALESIDE SL9 7JE 30/08/2017 £1,275,000 D F 223 £5,717 £1,239,543 £5,558

NANTGWYN DUKES CLOSE SL9 7LH 17/11/2017 £850,000 D F 133 £6,391 £828,329 £6,228

28 DUKES WOOD DRIVE SL9 7LR 30/08/2017 £1,310,000 D F 244 £5,369 £1,273,570 £5,220

4 STONEYFIELD SL9 7LU 15/11/2017 £1,675,000 D F 236 £7,097 £1,632,296 £6,917

KINGS KEEP HEDGERLEY LANE SL9 7NS 09/10/2017 £1,600,000 D F 275 £5,818 £1,541,798 £5,607

3 HOWARDS THICKET SL9 7NT 21/09/2017 £1,260,000 D F 309 £4,078 £1,228,821 £3,977

MAGIC COTTAGE, 92 CAMP ROAD SL9 7PB 13/10/2017 £1,900,000 D F 213 £8,920 £1,830,885 £8,596

83 CAMP ROAD SL9 7PF 26/09/2017 £2,800,000 D F 411 £6,813 £2,730,714 £6,644

WYKE HOUSE BULSTRODE WAY SL9 7QU 08/09/2017 £2,155,000 D F 270 £7,981 £2,101,674 £7,784

SHERWOOD HOUSE BULSTRODE WAY SL9 7QU 01/09/2017 £2,300,000 D F 282 £8,156 £2,243,086 £7,954

36 BEECH WAYE SL9 8BL 14/12/2017 £1,023,000 D F 172 £5,948 £1,023,000 £5,948

56A PACKHORSE ROAD SL9 8EF 08/09/2017 £860,000 O F 80 £10,750 £838,719 £10,484

FLAT 6 DORCHESTER HOUSE, 29 MARSHAM LANE SL9 8HA 27/10/2017 £810,000 F L 137 £5,912 £780,535 £5,697

5 CROMPTON HALL SOUTH PARK SL9 8HR 12/09/2017 £750,000 F L 125 £6,000 £731,441 £5,852

KINGSCLIFFE BULL LANE SL9 8RF 03/11/2017 £627,500 S F 76 £8,257 £611,502 £8,046

MEADOW VIEW BULL LANE SL9 8RF 22/08/2017 £565,000 S F 94 £6,011 £549,288 £5,843

15 BENTINCK CLOSE SL9 8SQ 25/08/2017 £735,000 T F 119 £6,176 £714,560 £6,005

Average: £1,202,921 £6,416

Burnham (including Lent Rise)

41 TAPLOW ROAD SL6 0JN 06/10/2017 £575,000 D F 92 £6,250 £554,084 £6,023

37 NURSERY ROAD SL6 0JX 29/09/2017 £432,500 S F 71 £6,092 £421,798 £5,941

8 NURSERY ROAD SL6 0JZ 22/09/2017 £445,000 S F 92 £4,837 £433,988 £4,717

44 CONWAY ROAD SL6 0LD 24/11/2017 £350,000 S F 59 £5,932 £341,077 £5,781




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

17 HUNTERCOMBE CLOSE SL6 0LJ 10/08/2017 £602,500 D F 118 £5,106 £585,745 £4,964

20 HAG HILL RISE SL6 0LS 29/09/2017 £467,000 S F 92 £5,076 £455,444 £4,950

138 MAYPOLE ROAD SL6 0NF 11/10/2017 £286,500 F L 75 £3,820 £276,078 £3,681

98 FAIRVIEW ROAD SL6 0NQ 30/08/2017 £410,000 S F 92 £4,457 £398,598 £4,333

3 MINTON RISE SL6 0PD 20/10/2017 £625,000 O F 153 £4,085 £602,265 £3,936

34 MISSENDEN GARDENS SL1 6LB 21/08/2017 £185,500 F L 37 £5,014 £180,341 £4,874

1 WINTERS ACRE SL1 7BF 07/09/2017 £690,000 D F 150 £4,600 £672,926 £4,486

24 HARKNESS ROAD SL1 7BL 18/08/2017 £367,500 T F 74 £4,966 £357,280 £4,828

11 BURLINGTON ROAD SL1 7BQ 17/11/2017 £426,000 S F 86 £4,953 £415,139 £4,827



27 CLONMEL WAY SL1 7DA 10/08/2017 £340,000 T F 95 £3,579 £330,545 £3,479

78 CLONMEL WAY SL1 7DB 08/08/2017 £344,000 T F 92 £3,739 £334,434 £3,635

18 TOCKLEY ROAD SL1 7DH 06/12/2017 £400,000 T F 97 £4,124 £400,000 £4,124

17 BYWAYS SL1 7EB 15/08/2017 £480,000 S F 107 £4,486 £466,652 £4,361

3 HIGH STREET SL1 7JB 27/10/2017 £425,000 S F 79 £5,380 £409,540 £5,184

8 SOUTHFIELD GARDENS SL1 7NE 27/11/2017 £412,500 S F 78 £5,288 £401,983 £5,154

10 CHILTERN ROAD SL1 7NQ 14/11/2017 £480,000 S F 102 £4,706 £467,762 £4,586

10 MILNER ROAD SL1 7PB 20/10/2017 £485,000 S F 92 £5,272 £467,358 £5,080

44 LENT RISE ROAD SL1 7PH 21/11/2017 £315,000 T F 76 £4,145 £306,969 £4,039

39 GORE ROAD SL1 8AB 20/10/2017 £385,000 T F 79 £4,873 £370,995 £4,696

6 FAIRFIELD ROAD SL1 8AH 21/09/2017 £407,000 T F 76 £5,355 £396,929 £5,223

23 LONG DRIVE SL1 8AJ 11/08/2017 £635,000 D F 173 £3,671 £617,341 £3,568




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

20 LONG DRIVE SL1 8AL 08/08/2017 £495,000 S F 101 £4,901 £481,234 £4,765

FLAT 7 PENN HOUSE JENNERY LANE SL1 8BN 16/11/2017 £320,000 F L 59 £5,424 £311,842 £5,285

14 HATCHGATE GARDENS SL1 8DD 02/10/2017 £795,000 D F 158 £5,032 £766,081 £4,849

17 GREEN LANE SL1 8DZ 27/09/2017 £970,000 D F 217 £4,470 £945,997 £4,359

8 HAZELHURST ROAD SL1 8EE 13/12/2017 £900,000 D F 147 £6,122 £900,000 £6,122

3 GREENWAY SL1 8HN 01/12/2017 £405,000 T F 89 £4,551 £405,000 £4,551

6 OXFORD AVENUE SL1 8HR 17/11/2017 £460,000 S F 115 £4,000 £448,272 £3,898

36 OXFORD AVENUE SL1 8HR 08/11/2017 £461,000 D F 107 £4,308 £449,247 £4,199

23 OXFORD AVENUE SL1 8HR 26/10/2017 £599,950 D F 111 £5,405 £578,126 £5,208

10 NORTH BURNHAM CLOSE SL1 8HT 20/10/2017 £260,000 F L 79 £3,291 £250,542 £3,171

Average: £464,509 £4,662

Denham Green

36 STATION PARADE UB9 5ET 10/10/2017 £265,000 F L 77 £3,442 £255,360 £3,316

58 GREEN TILES LANE UB9 5HT 25/10/2017 £440,000 S F 94 £4,681 £423,994 £4,511

58 GREEN TILES LANE UB9 5HT 31/08/2017 £440,000 S F 94 £4,681 £427,764 £4,551

21 GREEN TILES UB9 5HX 20/10/2017 £345,000 F L 73 £4,726 £332,450 £4,554

18 NIGHTINGALE WAY UB9 5JH 10/11/2017 £480,000 D F 148 £3,243 £467,762 £3,161

14 NIGHTINGALE WAY UB9 5JH 01/09/2017 £740,000 D F 149 £4,966 £721,689 £4,844

9 DENHAM GREEN CLOSE UB9 5NA 09/08/2017 £585,000 S F 91 £6,429 £568,732 £6,250

Average: £456,822 £4,455

Iver Heath

25 ANSLOW GARDENS SL0 0BW 01/09/2017 £290,000 F L 56 £5,179 £282,824 £5,050

11 LAURELS ROAD SL0 0BY 08/09/2017 £400,000 T F 84 £4,762 £390,102 £4,644




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

27 SLOUGH ROAD SL0 0DN 18/08/2017 £610,000 D F 150 £4,067 £593,036 £3,954

10 POST MEADOW SL0 0DU 15/09/2017 £845,000 D F 202 £4,183 £824,090 £4,080

80 SLOUGH ROAD SL0 0DY 11/08/2017 £670,000 D F 113 £5,929 £651,368 £5,764

4 BANGORS COTTAGES NORWOOD LANE SL0 0EP 15/09/2017 £325,000 T F 78 £4,167 £316,958 £4,064

6 WHITEHOUSE WAY SL0 0HB 09/08/2017 £410,000 S F 81 £5,062 £398,598 £4,921

46 SWALLOW STREET SL0 0HG 14/08/2017 £425,000 S F 76 £5,592 £413,181 £5,437

14 COOPERS ROW SL0 0HW 24/11/2017 £420,000 S F 60 £7,000 £409,292 £6,822

16 COOPERS ROW SL0 0HW 24/11/2017 £560,000 S F 124 £4,516 £545,723 £4,401

49 MARTINDALE SL0 0HY 17/11/2017 £440,000 S F 73 £6,027 £428,782 £5,874

4 WOOD LANE CLOSE SL0 0LJ 15/12/2017 £1,037,500 D F 240 £4,323 £1,037,500 £4,323

170 PINEWOOD GREEN SL0 0QJ 03/11/2017 £317,500 F L 61 £5,205 £309,405 £5,072

85 PINEWOOD GREEN SL0 0QN 04/08/2017 £535,000 S F 78 £6,859 £520,122 £6,668

4 FIRS CLOSE SL0 0QY 01/08/2017 £845,000 D F 149 £5,671 £821,501 £5,513

18 ROSTREVOR GARDENS SL0 0RB 19/09/2017 £445,000 S F 61 £7,295 £433,988 £7,115

265 CHURCH ROAD SL0 0RF 23/11/2017 £510,000 S F 98 £5,204 £496,998 £5,071

268 CHURCH ROAD SL0 0RF 29/08/2017 £650,000 S F 157 £4,140 £631,924 £4,025

285 LONGSTONE ROAD SL0 0RN 01/12/2017 £540,000 S F 72 £7,500 £540,000 £7,500

23 ST DAVIDS CLOSE SL0 0RS 04/08/2017 £310,000 S L 69 £4,493 £301,379 £4,368

2 ST DAVIDS CLOSE SL0 0RT 25/10/2017 £285,000 T L 54 £5,278 £274,633 £5,086

Average: £505,781 £5,226

Stoke Poges

18 BUNBY ROAD SL2 4BP 14/08/2017 £685,000 D F 102 £6,716 £665,951 £6,529

65 HAZELL WAY SL2 4DG 14/08/2017 £530,000 S F 107 £4,953 £515,261 £4,816




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

30 DECIES WAY SL2 4EF 18/08/2017 £510,000 S F 111 £4,595 £495,817 £4,467

FERNHURST BELLS HILL SL2 4EG 23/08/2017 £825,000 D F 204 £4,044 £802,057 £3,932

3 LARCHMOOR PARK SL2 4EY 04/08/2017 £205,000 F L 35 £5,857 £199,299 £5,694

FLAT 1 GRAY HOUSE BELLS HILL GREEN SL2 4FD 15/09/2017 £325,000 F L 62 £5,242 £316,958 £5,112

GLEN CAIRN DUFFIELD PARK SL2 4HY 17/11/2017 £1,323,200 D F 239 £5,536 £1,289,465 £5,395

DANVIA FARTHING GREEN LANE SL2 4JH 17/08/2017 £910,000 D F 166 £5,482 £884,694 £5,329

HEATHERSET FARTHING GREEN LANE SL2 4JH 03/08/2017 £850,000 D F 169 £5,030 £826,362 £4,890

FIVE PENNIES FARTHING GREEN LANE SL2 4JQ 14/09/2017 £850,000 D F 220 £3,864 £828,967 £3,768

90 DEANS CLOSE SL2 4JX 13/12/2017 £500,000 S F 122 £4,098 £500,000 £4,098

88 DEANS CLOSE SL2 4JX 27/09/2017 £380,000 S F 69 £5,507 £370,597 £5,371

74 ROGERS LANE SL2 4LF 15/11/2017 £620,000 S F 127 £4,882 £604,193 £4,757

46 ROGERS LANE SL2 4LF 02/08/2017 £810,000 D F 118 £6,864 £787,474 £6,674

TAWNY LODGE STOKE COURT DRIVE SL2 4LU 19/10/2017 £1,200,000 D F 264 £4,545 £1,156,348 £4,380

SUMMER HOUSE FIR TREE AVENUE SL2 4NN 06/10/2017 £1,350,000 D F 222 £6,081 £1,300,892 £5,860

LEVEN HOUSE PARK ROAD SL2 4PA 29/11/2017 £1,075,000 D F 162 £6,636 £1,047,593 £6,467

GATESIDE LODGE PARK ROAD SL2 4PG 09/10/2017 £1,000,000 D F 300 £3,333 £963,624 £3,212

10 SEFTON PADDOCK SL2 4PT 08/09/2017 £900,000 D F 154 £5,844 £877,729 £5,700

13 SEFTON PADDOCK SL2 4PT 04/09/2017 £875,000 D F 183 £4,781 £853,348 £4,663

3 CHURCH VIEW COTTAGES HOCKLEY LANE SL2 4QG 08/09/2017 £315,000 T F 53 £5,943 £307,205 £5,796

Average: £742,564 £5,091

Iver

MILTON LODGE BANGORS ROAD SOUTH SL0 0AA 25/10/2017 £1,350,000 D F 327 £4,128 £1,300,892 £3,978

3 THE OLD ORCHARD BANGORS ROAD SOUTH SL0 0AG 14/11/2017 £385,000 F L 87 £4,425 £375,184 £4,312




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

2 BARNFIELD SL0 0AL 21/09/2017 £505,000 S F 97 £5,206 £492,504 £5,077

60 CHEQUERS ORCHARD SL0 9NJ 23/11/2017 £430,000 S F 69 £6,232 £419,037 £6,073

4 OLD BAKERY COURT HIGH STREET SL0 9NP 25/08/2017 £240,000 T F 43 £5,581 £233,326 £5,426

167 HIGH STREET SL0 9QB 16/10/2017 £362,000 T F 67 £5,403 £348,832 £5,206

165 HIGH STREET SL0 9QB 29/08/2017 £386,000 T F 75 £5,147 £375,266 £5,004

THE RED HOUSE LOVE LANE SL0 9QT 31/08/2017 £635,000 S F 133 £4,774 £617,341 £4,642

2 LOVE LANE SL0 9QZ 21/08/2017 £429,000 S F 75 £5,720 £417,070 £5,561

5A LEAS DRIVE SL0 9RB 15/09/2017 £285,000 T F 44 £6,477 £277,948 £6,317

66 LEAS DRIVE SL0 9RD 06/11/2017 £365,000 T F 76 £4,803 £355,694 £4,680

Average: £473,918 £5,116

Farnham Common

SYCAMORE BEACONSFIELD ROAD SL2 3HU 04/09/2017 £615,000 S F 131 £4,695 £599,782 £4,578

12 HIGHLANDS SL2 3JR 17/10/2017 £710,000 T F 138 £5,145 £684,173 £4,958

19 HAMMOND END SL2 3LG 17/10/2017 £977,500 D F 200 £4,888 £941,942 £4,710

HIGH LANES COLLINSWOOD ROAD SL2 3LH 11/08/2017 £1,050,000 D F 245 £4,286 £1,020,800 £4,167

131 LANGTONS MEADOW SL2 3NS 30/08/2017 £290,000 F F 52 £5,577 £281,935 £5,422

6 DELL CLOSE SL2 3PZ 09/08/2017 £650,000 T F 128 £5,078 £631,924 £4,937

4 INGLEGLEN SL2 3QA 07/11/2017 £501,000 O F 115 £4,357 £488,227 £4,245

10 INGLEGLEN SL2 3QA 04/09/2017 £425,000 T L 91 £4,670 £414,483 £4,555

3 CHRISTOPHER HOUSE ROSEWOOD WAY SL2 3QE 01/09/2017 £374,500 F L 97 £3,861 £365,233 £3,765

ORCHARD VILLA ONE PIN LANE SL2 3RA 20/10/2017 £695,000 D F 141 £4,929 £669,718 £4,750

10 ROMSEY DRIVE SL2 3RE 31/08/2017 £985,000 D F 216 £4,560 £957,608 £4,433

8 NIGHTINGALE PARK SL2 3SN 15/11/2017 £1,470,000 D F 303 £4,851 £1,432,522 £4,728




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

10 SOVEREIGN BEECHES

GREEN LANE SL2 3SP 19/10/2017 £445,000 F L 97 £4,588 £428,813 £4,421

14

SHERBOURNE WALK SL2 3TZ 20/10/2017 £735,000 D F 114 £6,447 £708,263 £6,213

1

SHERBOURNE WALK SL2 3TZ 04/09/2017 £920,000 D F 145 £6,345 £897,234 £6,188

Average: £701,511 £4,805

New Denham

12A DENHAM LODGE UB9 4AA 22/11/2017 £290,000 F L 73 £3,973 £282,606 £3,871

9 DENHAM LODGE UB9 4AA 25/08/2017 £320,000 F L 88 £3,636 £311,101 £3,535

33 DENHAM LODGE UB9 4AB 03/10/2017 £338,000 F L 88 £3,841 £325,705 £3,701

22 LIME WALK UB9 4AS 17/10/2017 £730,000 D F 161 £4,534 £703,445 £4,369

31 NEWTOWN ROAD UB9 4BE 23/11/2017 £475,000 S F 92 £5,163 £462,890 £5,031

9B NEWTOWN ROAD UB9 4BE 28/09/2017 £323,000 F L 54 £5,981 £315,007 £5,833

21 KINGS MILL WAY UB9 4BS 02/11/2017 £435,000 F L 101 £4,307 £423,910 £4,197

52 KINGS MILL WAY UB9 4BS 21/08/2017 £445,000 F L 77 £5,779 £432,625 £5,619

Average: £407,161 £4,520

Farnham Royal

18 LAWKLAND SL2 3AN 09/11/2017 £339,000 T F 89 £3,809 £330,357 £3,712

1 FAIRFIELD LANE SL2 3BX 01/11/2017 £820,000 D F 104 £7,885 £799,094 £7,684

4 LINDEN DRIVE SL2 3DA 21/08/2017 £725,000 D F 114 £6,360 £704,838 £6,183

19 MONTAGUE CLOSE SL2 3DW 01/12/2017 £416,000 T F 94 £4,426 £416,000 £4,426

5 ROSKEN GROVE SL2 3DZ 30/10/2017 £862,500 D F 232 £3,718 £831,125 £3,582

1 KEMSLEY CHASE SL2 3LU 08/09/2017 £665,000 S F 97 £6,856 £648,544 £6,686

17 KEMSLEY CHASE SL2 3LU 08/09/2017 £900,000 D F 168 £5,357 £877,729 £5,225




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

Average: £658,241 £5,357

Denham

23 DENHAM CLOSE UB9 4EE 31/10/2017 £455,000 T F 85 £5,353 £438,449 £5,158

18 DENHAM WAY UB9 5AX 11/08/2017 £540,000 S F 111 £4,865 £524,983 £4,730

THE SPINNING WHEEL VILLAGE ROAD UB9 5BE 29/09/2017 £662,000 T F 97 £6,825 £645,619 £6,656

22 LINDSEY ROAD UB9 5BP 07/12/2017 £297,500 S F 38 £7,829 £297,500 £7,829

10 WOLSTAN CLOSE UB9 5BU 15/09/2017 £415,000 T F 65 £6,385 £404,731 £6,227

Average: £462,256 £6,120

Richings Park

25 THORNEY LANE SOUTH SL0 9AD 21/09/2017 £740,000 D F 121 £6,116 £721,689 £5,964

10 SOMERSET WAY SL0 9AF 11/08/2017 £1,000,000 D F 166 £6,024 £972,191 £5,857

18 WELLESLEY COURT BATHURST WALK SL0 9AT 26/09/2017 £310,000 F L 62 £5,000 £302,329 £4,876

14 WELLESLEY COURT BATHURST WALK SL0 9AT 13/09/2017 £305,000 F L 52 £5,865 £297,453 £5,720

10 BATHURST WALK SL0 9AZ 28/09/2017 £657,000 S F 82 £8,012 £640,742 £7,814

2 RICHINGS PLACE SL0 9BA 15/12/2017 £1,051,000 D F 295 £3,563 £1,051,000 £3,563

37 THE POYNINGS SL0 9DS 02/10/2017 £590,000 T F 100 £5,900 £568,538 £5,685

68 BATHURST WALK SL0 9EG 29/09/2017 £765,000 S F 115 £6,652 £746,070 £6,488

16 SYKE CLUAN SL0 9EH 11/10/2017 £886,250 D F 135 £6,565 £854,012 £6,326

15 SYKE INGS SL0 9ER 07/08/2017 £1,150,000 D F 278 £4,137 £1,118,019 £4,022

14 SYKE INGS SL0 9ET 04/12/2017 £683,900 S F 121 £5,652 £683,900 £5,652

Average: £723,267 £5,633

Taplow

LOWER LODGE

BATH ROAD SL6 0AH 06/12/2017 £735,000 D F 145 £5,069 £735,000 £5,069




Type

Freehold /

Leasehold

EPC Floor Area

Price per

£/m²



with UK HPI

(£/m2)

3 SAXON GARDENS SL6 0DD 08/08/2017 £1,140,000 D F 226 £5,044 £1,108,297 £4,904

MYSTERIA RECTORY ROAD SL6 0ET 02/11/2017 £380,000 D F 50 £7,600 £370,312 £7,406

11 BUFFINS SL6 0HF 04/08/2017 £365,000 S F 77 £4,740 £354,850 £4,608

Average: £642,115 £5,497



Table 1i – Land Registry Sold Prices Review Analysis – Chiltern and South Bucks DC Re-

sale data (August 2017 – February 2018)

Settlements (Chiltern District)



Chalfont St Giles £981,926 £5,973


£880,136 £5,936

Seer Green (including Jordans) £957,668 £5,506


£735,436 £5,500

Chalfont St Peter £782,582 £5,440

Little Chalfont £531,534 £5,369

Holmer Green £476,910 £4,937


£458,398 £4,707

Chesham £430,804 £4,519


Settlements (South Bucks District)



Gerrards Cross £1,202,921 £6,416

Denham £462,256 £6,120

Beaconsfield £992,699 £6,027

Richings Park £723,267 £5,633

Taplow £642,115 £5,497

Farnham Royal £658,241 £5,357

Iver Heath £505,781 £5,226

Iver £473,918 £5,116

Stoke Poges £742,564 £5,091

Farnham Common £701,511 £4,805

Burnham (including Lent Rise) £464,509 £4,662

New Denham £407,161 £4,520

Denham Green £456,822 £4,455


3.9 The tables above provide the overall analysis of the Land Registry re-sale data by

settlement and then sorted by the highest to lowest values within the two Districts.

These values have then been mapped to provide a visual representation of the values

and how the different ward areas compare with one another. For example and similarly

to the new build dataset, the highest value areas appear to be in the southern part of

Chiltern District and the northern area of the South Bucks District.



Figure 3: Land Registry Sold Prices Analysis Heat Map – Chiltern and South Bucks Re-sale

mapped by Settlement



Zoopla sourced average values data (area guides / statistics)

3.10 The source of the information - maps and tables in the following pages is:

www.zoopla.co.uk – as at February 2018. The Zoopla sourced indicative, high-level

“heat” map below provide a further indication as to the variable strength of residential

values in the Chiltern and South Bucks District. These present a relative picture. The

“cooler” colours (blues) indicate the general extent of lower values, relative to the

“warmer” colours - through yellow to red – indicating house prices generally moving

to or at higher levels.

Figure 4 – Zoopla Heat Map – Chiltern and South Bucks – Overview



3.11 The tables below provide a quick analysis of the Zoopla ‘Average Current Values

Estimate’ data (February 2018) based on searching CDC and SBDC settlements. This

data was not available for all settlements, and as expected particularly relating to flats

when moving away from the main settlement areas but provides an additional data

source and adds to the background picture in considering house price variance as part

of informing the build-up of our appraisal assumptions – range of value levels.

Table 2a - Zoopla current values estimates – sourced from area stats by settlement

(Chiltern)

Settlement (Chiltern District)

Houses Flats Overall Average

Average Price

per sq.ft

Average

Price per

sq.m.

Average Price

per sq.ft

Average Price per

sq.m.

Average Price

per sq.ft

Average Price per

sq.m.

Chesham £429 £4,616 £411 £4,422 £420 £4,519


£519 £5,580 £467 £5,020 £493 £5,300

Little Chalfont £476 £5,122 £450 £4,842 £463 £4,982

Chalfont St Peter £459 £4,935 £448 £4,820 £453 £4,878

Chalfont St Giles £497 £5,348 £480 £5,165 £489 £5,256


£418 £4,496 £362 £3,890 £390 £4,193

Holmer Green £394 £4,236 £478 £5,143 £436 £4,690


£485 £5,219 £502 £5,402 £494 £5,310

Seer Green (including Jordans)

£542 £5,827 £468 £5,036 £505 £5,431

Average £469 £5,042 £452 £4,860 £460 £4,951

See Table 2b below



Table 2b - Zoopla current values estimates – sourced from area stats by settlement

(South Bucks)

Settlement (South Bucks District)


Average Price

per sq.ft

Average Price per

sq.m.

Average Price

per sq.ft

Average Price per

sq.m.

Average Price

per sq.ft

Average Price per

sq.m.

Beaconsfield £533 £5,732 £542 £5,832 £537 £5,782

Gerrards Cross £503 £5,412 £547 £5,886 £525 £5,649

Burnham £410 £4,412 £392 £4,218 £401 £4,315

Denham Green No separate data available - see Denham

Iver Heath No separate data available - see Iver

Stoke Poges £455 £4,892 £436 £4,691 £445 £4,792

Iver £427 £4,598 £405 £4,358 £416 £4,478

Farnham Common £455 £4,892 £453 £4,874 £454 £4,883

New Denham No separate data available - see Denham

Farnham Royal £389 £4,182 £362 £3,895 £375 £4,039

Denham £495 £5,330 £460 £4,950 £478 £5,140

Richings Park No separate data available - see Iver

Taplow Riverside No separate data available - see Taplow

Taplow £464 £4,989 £523 £5,627 £493 £5,308

Average £459 £4,938 £458 £4,926 £458 £4,932

3.12 As the project progressed through to draft and final report stages, we considered it

appropriate to update the above Zoopla values research to October 2018. This is set out

below.

Table 2c - Zoopla current values estimates October 2018 – sourced from area stats

by settlement (Chiltern)

Settlement


Average Price per

sq.ft

Average Price per

sq.m.

Average Price per

sq.ft

Average Price per

sq.m.

Average Price per

sq.ft

Average Price per

sq.m.

Chesham £431 £4,639 £397 £4,273 £414 £4,456


£509 £5,479 £464 £4,994 £487 £5,237

Little Chalfont £471 £5,070 £449 £4,833 £460 £4,951

Chalfont St Peter £456 £4,908 £434 £4,672 £445 £4,790



Settlement


Average Price per

sq.ft

Average Price per

sq.m.

Average Price per

sq.ft

Average Price per

sq.m.

Average Price per

sq.ft

Average Price per

sq.m.

Chalfont St Giles £501 £5,393 £475 £5,113 £488 £5,253


£439 £4,725 £374 £4,026 £407 £4,376

Holmer Green £396 £4,263 £485 £5,221 £441 £4,742


£492 £5,296 £499 £5,371 £496 £5,334

Seer Green (including Jordans) £555 £5,974 £471 £5,070 £513 £5,522

Average £472 £5,083 £450 £4,841 £461 £4,962

Table 2d - Zoopla current values estimates October 2018 – sourced from area stats

by settlement (South Bucks)

Settlement


Average

Price per

sq.ft

Average

Price per

sq.m.

Average

Price per

sq.ft

Average

Price per

sq.m.

Average

Price per

sq.ft

Average

Price per

sq.m.

Beaconsfield £541 £5,823 £547 £5,888 £544 £5,856

Gerrards Cross £501 £5,393 £528 £5,683 £515 £5,538

Burnham £382 £4,112 £372 £4,004 £377 £4,058

Denham Green No available data

Iver Heath No available data

Stoke Poges £460 £4,951 £467 £5,027 £464 £4,989

Iver £435 £4,682 £409 £4,402 £422 £4,542

Farnham Common £466 £5,016 £460 £4,951 £463 £4,984

New Denham No available data

Farnham Royal £394 £4,241 £378 £4,069 £386 £4,155

Denham £366 £3,940 n/a n/a £366 £3,940



Settlement


Average

Price per

sq.ft

Average

Price per

sq.m.

Average

Price per

sq.ft

Average

Price per

sq.m.

Average

Price per

sq.ft

Average

Price per

sq.m.

Richings Park £435 £4,682 £409 £4,402 £422 £4,542

Taplow Riverside No available data

Taplow £382 £4,112 n/a n/a £382 £4,112

Average £436 £4,695 £446 £4,803 £434 £4,672

3.13 In addition, we have also carried out a further comparison analysis between the two

data sets from February 2018 (project inception) and October 2018 (draft/final report

stage) for each District. As depicted by the graphs below, the Zoopla house price

indications appear to have remained relatively static over the intervening period.

Figure 5 – Zoopla Area Stats Comparison Feb-18 to Oct-18 (Chiltern)

£0

£1,000

£2,000

£3,000

£4,000

£5,000

£6,000

Pri

ce P

er s

q. m

.

Zoopla Area Stats Analysis - Chiltern DC

'Chiltern DC Feb-18 Average Price' 'Chiltern DC Oct-18 Average Price'



Figure 6 – Zoopla Area Stats Comparison Feb-18 to Oct-18 (South Bucks)

Available New Build properties for sale – February 2018

Source: DSP research – based on a range of web searching – including from www.rightmove.co.uk ; various house builders’ & estate agents’ websites; associated / follow-up enquiries as relevant.

3.14 The tables below provide information, so far as found through web-searching and

enquiries, on new build properties for sale – as at February 2018, based on settlement

areas only. The noted property sizes are as were supplied with the agent’s / developer’s

details or, where those were not stated, as per DSP’s estimates – e.g. from agents’ or

other floor plans / dimensions (Note: estimated dwelling sizes are shown in italics;

Agent’s or others’ quoted property size details in non-italics).

3.15 The variations to the stated (i.e. advertised) ‘price per m2’ are adjustments considered

by DSP in the context of thinking about the influence of changing markets, but most

£0

£1,000

£2,000

£3,000

£4,000

£5,000

£6,000

£7,000

Pri

ce P

er s

q. m

.Zoopla Area Stats Analysis - South Bucks DC

'South Bucks DC Feb-18 Average Price' 'South Bucks DC Oct-18 Average Price'

http://www.rightmove.co.uk/



importantly the 5% deduction level (‘Price less 5%’) is intended to recognise that there

will usually be an adjustment between marketing and sale price.

Table 3a - Available new build property (Chiltern District) – as marketed at the time of

research

Address Description Price Size (m2)

Price per m2

Price per sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

Chesham

Houses

Germain Street

3 Bed Townhouse

£550,000 180.6 £3,045 £283 £2,893 £2,741 £3,350 Signature

Estates

Germain Street

3 Bed Townhouse

£500,000 107.0 £4,673 £434 £4,439 £4,206 £5,140 Signature

Estates

Higham Road 2 Bed Terrace £290,000 66.8 £4,341 £403 £4,124 £3,907 £4,775 Chancellors

Average £446,667 118.1 £4,020 £374 £3,819 £3,618 £4,422

Flats

Severalls Avenue

2 Bed Flat £320,000 62.9 £5,087 £473 £4,833 £4,579 £5,596 Brown &

Merry

Severalls Avenue

2 Bed Flat £320,000 66.5 £4,812 £447 £4,571 £4,331 £5,293 Brown &

Merry

Severalls Avenue

2 Bed Flat £315,000 62.9 £5,008 £465 £4,758 £4,507 £5,509 Brown &

Merry

Station Road 2 Bed Flat £309,950 58.0 £5,344 £497 £5,077 £4,810 £5,878 Robsons


Severalls Avenue

2 Bed Flat £300,000 56.4 £5,319 £494 £5,053 £4,787 £5,851 Brown &

Merry

Severalls Avenue

2 Bed Flat £300,000 62.6 £4,792 £445 £4,553 £4,313 £5,272 Brown &

Merry

Severalls Avenue

2 Bed Flat £300,000 62.9 £4,769 £443 £4,531 £4,293 £5,246 Brown &

Merry


Severalls Avenue

2 Bed Flat £285,000 56.4 £5,053 £470 £4,801 £4,548 £5,559 Brown &

Merry




Severalls Avenue

1 Bed Flat £240,000 41.5 £5,783 £537 £5,494 £5,205 £6,361 Brown &

Merry

Severalls Avenue

1 Bed Flat £240,000 40.7 £5,897 £548 £5,602 £5,307 £6,486 Brown &

Merry

Average £289,320 56.5 £5,168 £480 £4,910 £4,651 £5,685


Houses

Clifton Grove 5 Bed Detached £2,500,000 465.0 £5,376 £500 £5,108 £4,839 £5,914 Frost

Partnership

http://www.rightmove.co.uk/property-for-sale/property-50764209.html































Price per m2

Price per sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

The Platt 3 Bed Detached £925,000 96.0 £9,635 £895 £9,154 £8,672 £10,599 Robsons

Average £1,712,500 280.5 £7,506 £698 £7,131 £6,755 £8,256

Flats

Sycamore Road

tbc Frost

Partnership

Average

Little Chalfont

Houses

Burtons Way 8 Bed Detached £5,250,000 814.3 £6,447 £599 £6,125 £5,803 £7,092 Bovingdons

Nightingales Lane

6 Bed Detached £2,900,000 576.0 £5,035 £468 £4,783 £4,531 £5,538 Hamptons

Average £4,075,000 695.2 £5,741 £534 £5,454 £5,167 £6,315

Chalfont St Peter

Houses

Grange Road 4 Bed Detached £999,000 180.0 £5,550 £516 £5,273 £4,995 £6,105 Linden Homes




Gold Hill North 4 Bed Detached £874,950 150.0 £5,833 £542 £5,541 £5,250 £6,416 Charles Church


Gold Hill North 2 Bed Terraced £424,950 65.0 £6,538 £608 £6,211 £5,884 £7,191 Charles Church

Average £847,700 144.3 £5,954 £553 £5,656 £5,358 £6,549

Flats

Gold Hill North 2 Bed Flat £399,950 85.0 £4,705 £437 £4,470 £4,235 £5,176 Charles Church





Average £379,950 85.0 £4,470 £415 £4,247 £4,023 £4,917


Houses

Kiln Road

6 Bed Detached £1,500,000 374.6 £4,004 £372 £3,804 £3,604 £4,405 Savills

The Glebe 4 Bed Detached £950,000 174.7 £5,437 £505 £5,165 £4,894 £5,981 Wye

Country
























Price per m2

Price per sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

Barley View 4 Bed Detached £695,000 156.5 £4,441 £413 £4,219 £3,997 £4,885 Hamptons

Average £1,048,333 235.3 £4,627 £430 £4,396 £4,165 £5,090

Knotty Green & Penn

Houses

Manor Road 6 Bed Detached £2,700,000 613.0 £4,405 £409 £4,184 £3,964 £4,845 Frost

Partnership

Manor Road

5 Bed Detached £1,995,000 412.5 £4,836 £449 £4,595 £4,353 £5,320 Ashgrove

Homes

Average £2,347,500 512.8 £4,620 £429 £4,389 £4,158 £5,083

Seer Green

Houses

Old Long Grove

6 Bed Detached £4,500,000 802.0 £5,611 £521 £5,330 £5,050 £6,172 Ashington

Page

Old Long Grove

6 Bed Detached £4,000,000 779.0 £5,135 £477 £4,878 £4,621 £5,648 Ashington

Page

Bottom Lane 4 Bed Detached £1,699,500 292.4 £5,812 £540 £5,522 £5,231 £6,393 Frost

Partnership

Chalfont Road 4 Bed Detached £1,395,000 223.0 £6,256 £581 £5,943 £5,630 £6,881 Hamptons

Average £2,898,625 524.1 £5,703 £530 £5,418 £5,133 £6,274

Table 3b - Available new build property (South Bucks District) – as marketed at the time

of research


Price per m2

Price per

sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

Beaconsfield

Houses

Gregories Road

6 Bed Detached

£6,000,000 855.3 £7,015 £652 £6,664 £6,314 £7,717 Frost

Partnership

Assheton Road

6 Bed Detached

£3,295,000 710.0 £4,641 £431 £4,409 £4,177 £5,105 Frost

Partnership

Grove Road

5 Bed Detached

£2,795,000 445.0 £6,281 £584 £5,967 £5,653 £6,909 Tim Russ &

Co

Wilton Road

5 Bed Detached

£2,150,000 339.0 £6,342 £589 £6,025 £5,708 £6,976 Frost

Partnership

Netherwood Road

5 Bed Detached

£1,895,000 345.4 £5,486 £510 £5,212 £4,938 £6,035 Tim Russ &

Co

Netherwood Road

5 Bed Detached

£1,595,000 258.7 £6,165 £573 £5,857 £5,549 £6,782 Tim Russ &

Co





















Price per m2

Price per

sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

Netherwood Road

5 Bed Detached

£1,495,000 248.2 £6,023 £560 £5,722 £5,421 £6,626 Tim Russ &

Co

Amersham Road

3 Bed Semi £1,450,000 218.9 £6,624 £616 £6,293 £5,962 £7,286 Hamptons

Amersham Road

3 Bed Semi £1,450,000 220.0 £6,591 £613 £6,261 £5,932 £7,250 Frost

Partnership

Candlemas Lane

3 Bed Terrace

£1,295,000 204.5 £6,333 £589 £6,016 £5,699 £6,966 Frost

Partnership

Candlemas Lane

3 Bed Terrace

£1,285,000 204.5 £6,284 £584 £5,969 £5,655 £6,912 Frost

Partnership

Maxwell Road

2 Bed Semi £600,000 83.0 £7,229 £672 £6,867 £6,506 £7,952 Strutt & Parker

Maxwell Road

2 Bed Semi £600,000 83.0 £7,229 £672 £6,867 £6,506 £7,952 Strutt & Parker

North Drive

4 Bed Terrace

£595,000 n/k Hamptons

Average £1,892,857 324.3 £6,326 £588 £6,010 £5,694 £6,959

Flats

Grove Road 3 Bed Flat £1,995,000 287.0 £6,951 £646 £6,604 £6,256 £7,646 Knight Frank

Penn Road 3 Bed Flat £1,500,000 179.0 £8,380 £779 £7,961 £7,542 £9,218 Frost

Partnership

Penn Road 3 Bed Flat £1,475,000 178.0 £8,287 £770 £7,872 £7,458 £9,115 Frost

Partnership

Average £1,656,667 214.7 £7,873 £732 £7,479 £7,085 £8,660

Land (with planning permission)

Burkes Road

7 Bed Detached

£3,500,000 n/a n/a n/a n/a n/a n/a Savills

Gerrards Cross

Houses

Camp Road

7 Bed Detached

£5,750,000 985.0 £5,838 £543 £5,546 £5,254 £6,421 Hamptons

Camp Road

9 Bed Detached

£4,500,000 717.0 £6,276 £583 £5,962 £5,649 £6,904 Savills

Fulmer Drive

6 Bed Detached

£2,750,000 472.1 £5,825 £541 £5,534 £5,243 £6,408 Frost

Partnership

Orchehill Avenue

5 Bed Detached

£2,695,000 465.0 £5,796 £539 £5,506 £5,216 £6,375 Hamptons

Orchehill Avenue

5 Bed Detached

£2,695,000 477.2 £5,648 £525 £5,365 £5,083 £6,212 Hamptons

Fulmer Drive

6 Bed Detached

£2,650,000 490.0 £5,408 £503 £5,138 £4,867 £5,949 Trevor Kent

Windsor Road

5 Bed Detached

£2,000,000 410.9 £4,867 £452 £4,624 £4,381 £5,354 Hamptons

































Price per m2

Price per

sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

Glade In The Spinney

6 Bed Detached

£1,925,000 332.8 £5,784 £538 £5,495 £5,206 £6,363 Hamptons


5 Bed Detached

£1,895,000 321.0 £5,903 £549 £5,608 £5,313 £6,494 Strutt & Parker

Fulmer Road

5 Bed Detached

£1,799,000 344.4 £5,224 £485 £4,962 £4,701 £5,746 Tim Russ &

Co

Strawberry Hill

6 Bed Detached

£1,750,000 306.0 £5,719 £532 £5,433 £5,147 £6,291 Frost

Partnership

Strawberry Hill

6 Bed Detached

£1,750,000 309.6 £5,652 £525 £5,370 £5,087 £6,218 Frost

Partnership


5 Bed Detached

£1,695,000 310.9 £5,452 £507 £5,179 £4,907 £5,997 Hamptons

South Park View

4 Bed Terraced

£1,575,000 241.6 £6,519 £606 £6,193 £5,867 £7,171 Frost

Partnership

Fulmer Road

5 Bed Detached

£1,495,000 263.0 £5,684 £528 £5,400 £5,116 £6,253 Frost

Partnership

South Park View

4 Bed Terraced

£1,395,000 219.3 £6,361 £591 £6,043 £5,725 £6,997 Frost

Partnership

South Park Drive

3 Bed Terraced

£795,000 107.6 £7,388 £687 £7,019 £6,650 £8,127 Hamptons

Average £2,300,824 398.4 £5,844 £543 £5,552 £5,259 £6,428

Flats

South Park Crescent

3 Bed Flat £1,495,000 247.0 £6,053 £563 £5,750 £5,447 £6,658 Hamptons

South Park Crescent

3 Bed Flat £1,295,000 184.0 £7,038 £654 £6,686 £6,334 £7,742 Strutt & Parker

South Park Crescent

3 Bed Flat £1,295,000 184.0 £7,038 £654 £6,686 £6,334 £7,742 Strutt & Parker

South Park Crescent


South Park Crescent


South Park Drive

3/4 Bed Flat £1,075,000 177.6 £6,053 £563 £5,750 £5,448 £6,658 Hamptons

South Park Drive

2 Bed Flat £975,000 163.4 £5,967 £555 £5,669 £5,370 £6,564 Hamptons

South Park Drive

2 Bed Flat £825,000 97.0 £8,505 £790 £8,080 £7,655 £9,356 Strutt & Parker

Station Road 2 Bed Flat £710,000 98.0 £7,245 £673 £6,883 £6,520 £7,969 Frost

Partnership


Partnership

Station Road 2 Bed Flat £575,000 73.0 £7,877 £732 £7,483 £7,089 £8,664 Strutt & Parker


Partnership










































Price per m2

Price per

sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent


Partnership



Partnership

Oxford Road 2 Bed Flat £415,000 61.5 £6,748 £627 £6,411 £6,073 £7,423 Strutt & Parker

Oxford Road 1 Bed Flat £299,950 41.2 £7,280 £677 £6,916 £6,552 £8,008 Strutt & Parker

Average £792,775 112.7 £7,368 £685 £6,999 £6,631 £8,104

Burnham

Houses

Poyle Lane 4 Bed Semi £915,000 208.0 £4,399 £409 £4,179 £3,959 £4,839 Frost

Partnership

Average £915,000 208.0 £4,399 £409 £4,179 £3,959 £4,839


Green Lane

3 Bed Detached

£600,000 n/a n/a n/a n/a n/a n/a Romans

Denham Green

Houses

Denham Film Studios

4 Bed Terraced

£750,000 150.9 £4,970 £462 £4,722 £4,473 £5,467 Weston Homes

Denham Film Studios

4 Bed Terraced

£750,000 150.9 £4,970 £462 £4,722 £4,473 £5,467 Weston Homes

Denham Film Studios

4 Bed Terraced

£750,000 150.9 £4,970 £462 £4,722 £4,473 £5,467 Weston Homes

Denham Film Studios

4 Bed Terraced

£750,000 150.9 £4,970 £462 £4,722 £4,473 £5,467 Weston Homes

Denham Film Studios

4 Bed Terraced

£750,000 150.9 £4,970 £462 £4,722 £4,473 £5,467 Weston Homes

Denham Film Studios

4 Bed Terraced

£750,000 150.9 £4,970 £462 £4,722 £4,473 £5,467 Weston Homes

Denham Film Studios

4 Bed Terraced

£745,000 150.9 £4,937 £459 £4,690 £4,443 £5,431 Weston Homes

Denham Film Studios

4 Bed Terraced

£745,000 150.9 £4,937 £459 £4,690 £4,443 £5,431 Weston Homes

Denham Film Studios

4 Bed Terraced

£745,000 150.9 £4,937 £459 £4,690 £4,443 £5,431 Weston Homes

Denham Film Studios

4 Bed Terraced

£745,000 150.9 £4,937 £459 £4,690 £4,443 £5,431 Weston Homes

Denham Film Studios

4 Bed Terraced

£745,000 150.9 £4,937 £459 £4,690 £4,443 £5,431 Weston Homes

Denham Film Studios

4 Bed Terraced

£704,995 129.5 £5,442 £506 £5,170 £4,898 £5,987 Weston Homes









http://www.weston-homes.com/the-denham-film-studios/availability

























Price per m2

Price per

sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

Denham Film Studios

4 Bed Terraced

£699,995 129.5 £5,404 £502 £5,134 £4,863 £5,944 Weston Homes

Denham Film Studios

4 Bed Terraced

£699,995 129.5 £5,404 £502 £5,134 £4,863 £5,944 Weston Homes

Average £737,856 146.3 £5,054 £470 £4,801 £4,549 £5,559

Flats

Denham Film Studios

2 Bed Flat £595,000 104.2 £5,708 £530 £5,423 £5,137 £6,279 Weston Homes

Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios

















































Price per m2

Price per

sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Denham Film Studios


Average £463,365 73.7 £6,333 £589 £6,016 £5,700 £6,966

Stoke Poges

Houses

Park Road

7 Bed Detached

£2,800,000 623.5 £4,491 £417 £4,266 £4,042 £4,940 Chewton

Rose

Hollybush Hill

5 Bed Detached

£1,495,000 303.0 £4,934 £459 £4,687 £4,441 £5,427 Frost

Partnership

Hollybush Hill

5 Bed Detached

£1,375,000 246.0 £5,589 £519 £5,310 £5,030 £6,148 Frost

Partnership

Hollybush Hill

5 Bed Detached

£1,275,000 207.0 £6,159 £572 £5,851 £5,543 £6,775 Vanderbilt

Homes

Hollybush Hill

5 Bed Detached

£1,250,000 246.0 £5,081 £472 £4,827 £4,573 £5,589 Frost

Partnership

Hollybush Hill

5 Bed Detached

£1,195,000 220.0 £5,432 £505 £5,160 £4,889 £5,975 Frost

Partnership

Average £1,565,000 307.6 £5,281 £491 £5,017 £4,753 £5,809

Flats

Gerrards Cross Road

2 Bed Flat £550,000 93.9 £5,857 £544 £5,564 £5,272 £6,443 Gibbs

Gillespie

Average £550,000 93.9 £5,857 £544 £5,564 £5,272 £6,443

Iver

Houses

Thorney Lane North

3 Bed Terraced

£530,000 76.7 £6,910 £642 £6,565 £6,219 £7,601 Hilton King

& Locke

Thorney Lane North

3 Bed Terraced

£519,000 76.7 £6,767 £629 £6,428 £6,090 £7,443 Hilton King

& Locke

Thorney Lane North

2 Bed Terraced

£440,000 66.9 £6,578 £611 £6,249 £5,920 £7,236 Hilton King

& Locke



































Price per m2

Price per

sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

Thorney Lane North

2 Bed Terraced

£440,000 66.9 £6,578 £611 £6,249 £5,920 £7,236 Hilton King

& Locke

Thorney Lane North

2 Bed Terraced

£425,000 59.3 £7,169 £666 £6,811 £6,452 £7,886 Hilton King

& Locke

Average £470,800 69.3 £6,800 £632 £6,460 £6,120 £7,480

Flats

High Street 2 Bed Flat £385,000 67.2 £5,729 £532 £5,443 £5,156 £6,302 Hilton King

& Locke


& Locke


& Locke

Average £318,333 54.6 £5,872 £546 £5,579 £5,285 £6,460

Farnham Common

Houses

Grange Gardens

5 Bed Detached

£1,495,000 246.8 £6,057 £563 £5,754 £5,452 £6,663 Hamptons

Beeches Drive

5 Bed Detached

£1,495,000 288.0 £5,191 £482 £4,931 £4,672 £5,710 Tim Russ &

Co

Grange Gardens

5 Bed Detached

£1,475,000 239.9 £6,148 £571 £5,840 £5,533 £6,762 Hamptons

Grange Gardens

5 Bed Detached

£1,475,000 242.0 £6,094 £566 £5,789 £5,485 £6,703 Hamptons

Christmas Lane

5 Bed Detached

£1,300,000 266.9 £4,872 £453 £4,628 £4,384 £5,359 Romans

Scott Close

4 Bed Detached

£1,195,000 205.0 £5,829 £542 £5,538 £5,246 £6,412 Foreman

King

Scott Close

4 Bed Detached

£1,195,000 203.0 £5,887 £547 £5,592 £5,298 £6,475 Foreman

King

Scott Close

4 Bed Detached

£1,195,000 199.0 £6,005 £558 £5,705 £5,405 £6,606 Foreman

King

Hawthorn Lane

4 Bed Semi £999,000 237.3 £4,210 £391 £3,999 £3,789 £4,631 Hilton King

& Locke

Kingsway Mews

4 Bed Terraced

£875,000 164.7 £5,313 £494 £5,047 £4,781 £5,844 Hilton King

& Locke

Kingsway Mews

4 Bed Terraced

£875,000 163.2 £5,362 £498 £5,093 £4,825 £5,898 Hilton King

& Locke

Farnham Mews

3 Bed Semi £735,000 120.8 £6,084 £565 £5,780 £5,476 £6,693 Savills
































Price per m2

Price per

sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

Farnham Mews

3 Bed Terraced

£685,000 111.1 £6,166 £573 £5,857 £5,549 £6,782 Savills

Average £1,153,385 206.7 £5,632 £523 £5,350 £5,069 £6,195


Beaconsfield Road

Flats x 4 £550,000 Frost

Partnership

Farnham Royal

Houses

The Pavillions

3 Bed Semi £524,950 127.5 £4,117 £383 £3,911 £3,706 £4,529 Focus

Residential

The Pavillions

3 Bed Semi £524,950 127.5 £4,117 £383 £3,911 £3,706 £4,529 Focus

Residential

The Pavillions

4 Bed Semi £524,950 124.9 £4,203 £391 £3,993 £3,783 £4,623 Focus

Residential

The Pavillions

5 Bed Semi £524,950 124.9 £4,203 £391 £3,993 £3,783 £4,623 Focus

Residential

Average £524,950 126.2 £4,160 £387 £3,952 £3,744 £4,576

Flats

Crown Drive 2 Bed Flat £435,000 93.1 £4,672 £434 £4,439 £4,205 £5,140 Roger Platt

Average £435,000 93.1 £4,672 £434 £4,439 £4,205 £5,140

Richings Park

Flats

Bathurst Walk

1 Bed Flat £249,995 49.0 £5,102 £474 £4,847 £4,592 £5,612 Gibbs

Gillespie

Average £249,995 49.0 £5,102 £474 £4,847 £4,592 £5,612

Taplow Riverside

Houses

Mill Lane

4 Bed Terraced

£2,200,000 184.0 £11,957 £1,111 £11,359 £10,761 £13,152 Berkeley Homes

Mill Lane

4 Bed Terraced

£2,125,000 184.0 £11,549 £1,073 £10,971 £10,394 £12,704 Berkeley Homes

Mill Lane

4 Bed Terraced

£1,995,000 184.0 £10,842 £1,008 £10,300 £9,758 £11,927 Berkeley Homes

Mill Lane 4 Bed Semi £1,695,000 221.5 £7,652 £711 £7,270 £6,887 £8,418 Berkeley Homes




Average £1,852,143 205.4 £9,193 £854 £8,733 £8,273 £10,112

Flats

Mill Lane 2 Bed Flat £1,300,000 146.3 £8,885 £826 £8,440 £7,996 £9,773 Berkeley Homes



























Price per m2

Price per

sq. ft.

Price Less 5%

Price Less 10%

Price Plus 10%

Agent

Mill Lane 2 Bed Flat £950,000 108.9 £8,725 £811 £8,289 £7,853 £9,598 Berkeley Homes





Bath Road 2 Bed Flat £525,000 91.7 £5,725 £532 £5,439 £5,153 £6,298 Hamptons

Average £810,714 100.2 £8,018 £745 £7,617 £7,216 £8,820

Taplow

Houses

Institute Road

4 Bed Semi £584,950 146.0 £4,008 £372 £3,807 £3,607 £4,409 Braxton

Institute Road

4 Bed Semi £574,950 146.0 £3,939 £366 £3,742 £3,545 £4,333 Braxton

Institute Road

3 Bed Terraced

£489,950 98.4 £4,980 £463 £4,731 £4,482 £5,478 Braxton

Institute Road

3 Bed Terraced

£489,950 106.8 £4,586 £426 £4,357 £4,127 £5,044 Braxton

Institute Road

3 Bed Terraced

£474,950 98.4 £4,828 £449 £4,586 £4,345 £5,310 Braxton

Average £522,950 119.1 £4,468 £415 £4,245 £4,021 £4,915

Flats

Institute Road

2 Bed Flat £349,950 74.5 £4,697 £436 £4,462 £4,227 £5,166 Roger Platt

Average £349,950 74.5 £4,697 £436 £4,462 £4,227 £5,166

See Table 3c on the following page.



https://www.berkeleygroup.co.uk/new-homes/buckinghamshire/taplow/taplow-riverside


















Table 3c – Available New Build Property Analysis – Chiltern and South Bucks DC

(February 2018)

Settlement (Chiltern District)

Overall Average £/m2

Amersham (including Chesham Bois) £7,131

Little Chalfont £5,454

Seer Green (including Jordans) £5,418

Chalfont St Peter £5,069

Chesham £4,728


£4,396


£4,389

No data available - Chalfont St Giles, Holmer Green.

Note: assumes price less 5% from asking

Settlement Overall Average

£/m2

Taplow Riverside £8,175

Gerrards Cross £6,296

Beaconsfield £6,285

Iver £6,130

Denham Green £5,591

Farnham Common £5,350

Stoke Poges * £5,095

Richings Park * £4,847

Taplow * £4,281

Burnham * £4,179

Farnham Royal * £4,049

* Small data sample

No data available - Iver Heath, New Denham, Denham

Note: assumes price less 5% from asking

3.16 The tables above provide the overall analysis of the currently available new build

property for sale by settlement as at February 2018 and then sorted by the highest to

lowest values within the two Districts. These values have then been mapped to

provide a visual representation of the values and how the different ward areas

compare with one another and provide a similar values pattern as the Land Registry

dataset above.



Figure 7: Currently Available New Build Property For Sale - Heat Map


DSP 2018 – Project ref. 17526 100

Residential ‘Value Levels’ – collective assumption overview

3.17 Overall, for the purposes of this latest update for the strategic overview of development viability for this Local Plan and CIL Viability

Assessment, we decided to uphold our previously adopted Value Levels 1 – 10 (indicative by location) in accordance with the extensive

research values analysis outlined above. See the following table below (note: table also included for ease of reference in Appendix I).

Above all, this shows the scale of values as well as the variation of those values seen in different parts of the two Districts. At the time of

finalising the update assessment work in July 2018, we consider new build values to fall within the overall VL range of approximately

£5,000 - £6,250/m2 – i.e. approximately £464 to £580/sq. ft. Typical new build values are, however, found around the middle>lower end

of this key range. For the assessment purpose, therefore, it is also appropriate to review viability across the whole range of values within

both District areas. As part of further sensitivity testing, we also reviewed values exceeding the range set out above up to £9,000/m2 to

reflect the very highest (mostly) re-sale values within the District areas.

See Table 4a on the following page.


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Table 4a – Assumed Residential Value Levels – Chiltern District

Market Value (MV)

- Private units

VL1 VL2 VL3 VL4 VL5 VL6 VL7 VL8 VL9 VL10

Relevance of VLs

Chiltern Overall Range

Average New Builds Range Upper End New Builds

1-bed flat £200,000 £212,500 £225,000 £237,500 £250,000 £262,500 £275,000 £287,500 £300,000 £312,500

2-bed flat £280,000 £297,500 £315,000 £332,500 £350,000 £367,500 £385,000 £402,500 £420,000 £437,500

2-bed house £316,000 £335,750 £355,500 £375,250 £395,000 £414,750 £434,500 £454,250 £474,000 £493,750

3-bed house £400,000 £425,000 £450,000 £475,000 £500,000 £525,000 £550,000 £575,000 £600,000 £625,000

4-bed house £520,000 £552,500 £585,000 £617,500 £650,000 £682,500 £715,000 £747,500 £780,000 £812,500

MV (£ / m²) £4,000 £4,250 £4,500 £4,750 £5,000 £5,250 £5,500 £5,750 £6,000 £6,250


DSP 2018 – Project ref. 17526 102

Table 4b – Assumed Residential Value Levels – South Bucks District

Market Value (MV) - Private

units VL1 VL2 VL3 VL4 VL5 VL6 VL7 VL8 VL9+ VL10

Relevance of VLs

South Bucks Overall Range

Average New Builds Range Upper End New

Builds

1-bed flat £200,000 £212,500 £225,000 £237,500 £250,000 £262,500 £275,000 £287,500 £300,000 £312,500

2-bed flat £280,000 £297,500 £315,000 £332,500 £350,000 £367,500 £385,000 £402,500 £420,000 £437,500

2-bed house £316,000 £335,750 £355,500 £375,250 £395,000 £414,750 £434,500 £454,250 £474,000 £493,750

3-bed house £400,000 £425,000 £450,000 £475,000 £500,000 £525,000 £550,000 £575,000 £600,000 £625,000

4-bed house £520,000 £552,500 £585,000 £617,500 £650,000 £682,500 £715,000 £747,500 £780,000 £812,500

MV (£ / m²) £4,000 £4,250 £4,500 £4,750 £5,000 £5,250 £5,500 £5,750 £6,000 £6,250

Note: Sheltered Housing tested at VL9 £6,000, VL10 £6,250, VL11 £6,500 and VL12 £6,750


DSP 2018 – Project ref. 17526 103

3.18 As in all areas, values are always mixed to some extent - within particular localities and

even within sites. The table above assumes the following dwelling gross internal floor

areas (these are purely for the purpose of the above market dwelling price

illustrations):

• 1-bed flat at 50 sq. m (543 sq. ft.)

• 2-bed flat at 70 sq. m (753 sq. ft.)

• 2-bed house at 79 sq. m (914 sq. ft.)




DSP 2018 – Project ref. 17526 104

4.0 Sheltered Housing values – March 2018

4.1 Research was also carried out on new build sheltered housing through using property

search engines ‘Rightmove and ‘Retirement Homesearch’. Although, at the date of

research there was limited new build sheltered housing available for sale within the

Chiltern and South Bucks District, we have included what was currently on the market

below.

Table 5: Sheltered Housing Values Research – Chiltern and South Bucks District


Price per m2

Price per sq.

ft.

McCarthy & Stone

Landmark Place, Moorfield Rd, Denham

2 Bed Flat £439,950 75 £5,866 £545

Winterton House, Hale Rd, Wendover

1 Bed Flat £575,000 55 £10,455 £971

Winterton House, Hale Rd, Wendover

2 Bed Flat £650,000 75 £8,667 £805

Heritage Place, Lysander House, Ickenham

1 Bed Flat £349,995 55 £6,364 £591

Heritage Place, Lysander House, Ickenham

1 Bed Flat £499,995 75 £6,667 £620

Sheldon Lodge, Berkhamsted, High St

1 Bed Flat £346,950 55 £6,308 £586

Sheldon Lodge, Berkhamsted, High St

2 Bed Flat £444,950 75 £5,933 £551

Average: £472,406 66.4 £7,108 £667

4.2 As above, although there is a lack of specific comparable Sheltered Housing

development currently being marketed within the wider study area and alongside

DSP’s significant experience of carrying out site specific viability reviews on numerous

sheltered housing schemes, the above has led us to test Sheltered Housing at the same

overall values range of £6,000 - £6,750/m2 (VLs 9-12). From wider experience, we

would generally expect Sheltered Housing values to be representative of more

towards the upper end of this overall range and this could even be found to be

conservative. Information related to actual schemes within the area would be needed

https://www.mccarthyandstone.co.uk/retirement-properties-for-sale/springhill-house-willesden-green/




DSP 2018 – Project ref. 17526 105

to verify these assumptions, which in the circumstances are considered reasonable for

the purpose.


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5.0 Commercial Market information, rents and yields

5.1 Example sources used:

• CoStar based on searches for retail (all types, including larger supermarkets and

convenience stores), offices, industrial/warehousing, distribution warehousing

together with hotel data where available. This information will comprise of both

lease and sales comparables within the District. (www.costar.co.uk – subscription

based Commercial Property Intelligence resource used and informed by a wide

range of Agents and other property firms).

• Valuation Office Agency (VOA) Rating List

• Others – RICS market information; property advertised; web-based research

• Any available local soundings – indications / examples

RICS Commercial Property Market Survey Q1 2018 5.2 Headline reads: ‘Retail struggles worsen’

• Survey results show a growing divide between the already struggling retail sector

and a still healthy backdrop within the industrial segment; retail weakness has

become more apparent across all parts of the UK over recent quarters

• Chronic shortage of stock to serve “local” businesses rather than large scale space

users, especially so in the industrial sector but also offices to an extent;

development conditions, from funding opportunities to a moribund planning

system do not appear likely to address the problem and the effect will be the

increase in value of existing stock and likely continued high level of investment

demand despite yields being at levels which seem low in the historical context

• Over the coming twelve months, respondents anticipate capital values rising to a

greater or lesser degree across all market segments, with the exception of retail


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5.3 ‘The Q1 2018 RICS UK Commercial Property Market survey results show a growing

divide between the already struggling retail sector and a still healthy backdrop within

the industrial segment. What’s more, retail weakness has become more apparent

across all parts of the UK over recent quarters.

5.4 Starting with the occupier market, all-property tenant demand was unchanged during

Q1, with the headline indicator easing to zero. Consequently, this represents the fourth

straight period in which flat overall occupier demand has been reported. The sector

breakdown does however show demand for industrial space continuing the rise in solid

fashion, with a net balance of +31% of respondents noting an increase. Meanwhile, in

the office sector, tenant enquiries picked-up (albeit only marginally) for the first time

since Q1 2016. By way of contrast, demand for retail space declined further, and at an

accelerating rate, with the net balance of -43% the weakest since 2009.

5.5 With the retail demand backdrop deteriorating, availability across the sector rose

significantly over the quarter, as 43% more respondents noted an increase (as opposed

to a decrease). Furthermore, retail landlords raised the value of incentive packages for

a fourth consecutive quarter. In the office sector, availability held pretty much steady,

although inducements did increase again, marking the sixth straight period in which

they have done so. At the same time, available supply declined noticeably across the

industrial segment once more.

5.6 Back at the all-property level, three-month rental growth expectations moderated

further in the latest results, with the net balance easing to just +3%. This represents

the softest reading since Q2 2016 and is consistent with virtually no change in headline

rents going forward. However, this average is being pulled down by the retail sector,

where contributors envisage downward pressure on rents intensifying. Alongside this,

the industrial sector continues to display robust near term rental projections, while

expectations in the office segment are now slightly positive.

5.7 Back at the all-property level, three-month rental growth expectations moderated

further in the latest results, with the net balance easing to just +3%. This represents

the softest reading since Q2 2016 and is consistent with virtually no change in headline

rents going forward. However, this average is being pulled down by the retail sector,

where contributors envisage downward pressure on rents intensifying. Alongside this,


DSP 2018 – Project ref. 17526 108

the industrial sector continues to display robust near term rental projections, while

expectations in the office segment are now slightly positive.

5.8 On a twelve month view, both prime and secondary retail rents are seen falling (net

balances -24% and -54% respectively). The outlook for prime office rents appears

comfortably positive (net balance +38%), although expectations remain flat for

secondary. Both prime and secondary industrial markets continue to display stronger

rental projections than all other sectors for the year ahead. When disaggregated,

secondary retail rents are projected to decline in all parts of the UK over the coming

year, while the outlook is patchy at best for prime. Generally speaking, rents are

expected to edge higher in most regional office and industrial markets. London

continues to return the most pessimistic feedback, with rents expected to fall for all

retail and secondary office space. That said, the outlook for prime office rents in the

capital is marginally positive, while expectations point to solid industrial rental growth.

5.9 Turning to trends in the investment market, headline enquiries rose for a seventh

successive report, albeit the pace of growth appeared to soften somewhat. Within this,

investor demand increased strongly for industrial assets, marginally for offices, but fell

in the retail segment. Interest from foreign buyers meanwhile was flat across all

sectors during Q1. The supply of property for investment purposes continued to decline

in the industrial and office sectors. Retail again bucked the trend, with supply

increasing.

5.10 Over the coming twelve months, respondents anticipate capital values rising to a

greater or lesser degree across all market segments, with the exception of retail.

Indeed, both prime and secondary retail assets are expected to see values decline,

although the outlook is comfortably worse for secondary. Interestingly, capital value

expectations for prime offices have strengthened in each of the last two reports, with

a net balance of +48% the most elevated return since Q1 2016. Even so, respondents

are still most confident in seeing prime industrial capital value gains over the year

ahead (net balance +66%).

5.11 Beneath the national figures, near term retail capital value projections are negative in

every UK region/country. Again highlighting the divergence between the sectors, near

term industrial capital value expectations are positive across all areas. For offices,


DSP 2018 – Project ref. 17526 109

prices are expected to rise in virtually all parts of the UK, although London respondents

foresee office values treading water over the coming three months.

5.12 Finally, across London as a whole, 76% of contributors now sense the market is

overpriced to some extent. Having risen consistently over recent quarters, this

proportion is now higher than at any point since the series was introduced in 2015. In

terms of the national figures (ex-London), a relatively modest 18% of respondents

sense values are somewhat stretched (unchanged from the previous quarter but

slightly up on 10% a year ago).’

Savills: Commercial Market in Minutes

5.13 Headline reads: ‘Yields edge towards 2017 peak’

5.14 ‘Following three consecutive months of no movement in the Savills prime yield series,

February saw a hardening of 2bps and the average yield reach 4.50%, this now stands

just 19bps from the previous peak of 4.31% in 2007.

5.15 This was driven by an inward movement of prime yields for the Logistics sector which

now stand at 4.25%, the lowest level ever experienced. The Multi-let sector also has

downward pressure and we examine the future prospects for industrials overleaf. Due

to continued strong interest from investors in the M25 office sector we expect the

average prime yield to see continued downward pressure into 2018.

5.16 Whilst the dominance of overseas investors is well documented, it has been pleasing

to note that UK institutions have increased their purchases, accounting for £10.5bn of

transactions in 2017, up from £8.2bn in 2016 and higher than the long-term average

of £10bn.

5.17 All eyes will now turn towards global macro-economic factors such as Global interest

rate rises, Brexit negotiations, US trade tariffs and other geopolitical issues such as

North Korea and Russia how they will impact the markets.

5.18 The US Federal Reserve raised interest rates in March by a quarter of a point to a range

of 1.5% to 1.75, which is the sixth increase since 2015. This appears to signal that the


DSP 2018 – Project ref. 17526 110

era of historically low interest rates that began during the Global Financial Crisis is to

be coming to an end. With the Bank of England also guiding that rates are expected to

rise this could alter the spread between commercial real estate and risk free rate with

UK 10-year gilts currently trading at 1.5%.’


DSP 2018 – Project ref. 17526 111

5.19 March also saw the agreement between the UK and EU on a transitional deal on the

UK's withdrawal from the EU which we expect will give further confidence to both

occupiers and investors.

5.20 ‘Where next for industrial?

5.21 2017 was a record year for Industrial property in the UK. £11bn was invested into the

sector making it the highest total volume ever recorded. This capital deployment also

accounted for 17% of all investments into UK commercial real estate, again the highest

proportion of the market ever recorded.


DSP 2018 – Project ref. 17526 112

5.22 Moreover during the first quarter of 2018, Savills prime yields for industrial properties

reached the lowest level ever recorded at 4.25% for both multi-let estates and

distribution warehouses. MSCI have also reported that total returns for Industrials in

2018 reached 20% 90bps higher than its nearest competitor, the Alternatives sector.

This has led some commentators to suggest that the sector is starting to overheat and

investors will return to previous weightings in other sectors.

5.23 Continued medium term rental growth will be key to maintaining the investment

performance of the sector and there are many reasons to suggest this will continue.

Whilst the rate of growth for online retail is slowing, it is crucially, still growing and in

November 2018 accounted for 19.8% of all retail sales, setting yet another record.


DSP 2018 – Project ref. 17526 113

5.24 The UK also remains, on a per capita basis an "under-warehoused country" with just

7.61 sq ft of warehousing per head. The UK warehousing stock would need to increase

by 26 times to reach the same level as the US at 39 sq ft of warehousing per head.

5.25 And therein lies the problem, as the supply of warehousing in the UK is at record low

levels and even with huge levels of logistics occupier demand development has

remained muted and vacancy rates have remained steady for the last four years at

around 6.5%, falling to around 3% in London.

5.26 There are less than 200 sites in the country capable of delivering large scale units and

many are in the control of a small number of developers, meaning that supply will be

controlled and carefully match occupier demand. And whilst we expect to see

increased speculative development in 2018 of up to 5m sq ft, take-up levels remain

strong with the first quarter of 2018 expected to reach 13m sq ft, the best quarter of

take-up ever recorded.

5.27 Further parallels with the US are also important as many markets share similar

characteristics. According to research from Savills Studley, the Greater Bay Area of San

Francisco has a vacancy rate of ~1.5% with rental growth of 30.2% achieved in the last

two years.


DSP 2018 – Project ref. 17526 114

5.28 Logistics also remains a key global asset class with a weight of capital targeting the

sector. Indeed the latest INREV investor intentions report from January 2018 states

that 64.3% of Global investors view Logistics as their preferred sector.

5.29 Lastly, whilst a Brexit led economic downturn could have ramifications for the health

of other sectors the logistics sector could see an increase in demand. Recent research

from the UK Warehousing Association details a scenario where grocery and

manufacturing supply chains are placed under increased time pressures, therefore

requiring more inventory to be stored in the UK. Again, in a supply constrained

market, this will put increased pressure on rents.


DSP 2018 – Project ref. 17526 115

Investment yields (driving the capitalisation of rents)

5.30 The table below provides the most up to date available extracts from the Knight Frank

Yield Guide as at February 2018.

Table 6 – Knight Frank Yield Guide (February 2018)

Sector Feb-18 Market Sentiment

High Street Retail

Bond Street 2.00% - 2.25% Stable

Oxford Street 2.25% Stable

Prime Shops 4.00% Stable

Regional Cities 4.25% Stable

Good Secondary 6.00% Stable

Secondary Tertiary 10%+ Negative

Shopping Centres

Regionally Dominant (£200+ psf Zone A) 4.50% Negative

Dominant Prime 5.75% Negative

Town Dominant 7.75% Negative

Secondary 9.50% Negative

Out of Town Retail

Open A1/Fashion Parks 4.5%+ Stable

Secondary Open A1 Parks 5.75% Stable

Bulky Goods Parks 5.75% Positive

Secondary Bulky Goods Parks 7.00% Positive

Solus Open A1 4.75% Stable

Solus Bulky (c.50,000 sq. ft. let to strong covenant) 5.75% Positive

Leisure

Leisure Parks 4.75% Stable

Specialist Sectors

Dept. Stores Prime (with fixed uplifts) 5.50% Negative

Car Showrooms (20yrs with fixed uplifts & manufacturer covenant) 4.50% Stable

Car Showrooms (20yrs with fixed uplifts & dealer covenant) 4.75% Positive

Budget Hotels 4.25% Positive

Student Accommodation (Prime London - direct let) 4.25% Positive

Student Accommodation (Prime Regional - direct let) 5.25% Positive

Student Accommodation (Prime London - 25yr lease Annual RPI) 3.50% Positive

Student Accommodation (Prime Regional - 25yr lease Annual RPI) 4.25% Positive


DSP 2018 – Project ref. 17526 116

Sector Feb-18 Market Sentiment

Healthcare (Elderly Care 30 yrs indexed linked reviews) 4.00% Positive

Foodstores

Annual RPI increases (IY) (25 year income) 4.25% Positive

Open market reviews 5.00% Stable

Warehouse & Industrial Space

Prime Distribution/Warehousing (20yr income (with fixed uplifts IY))) 4% Positive

Prime Distribution/Warehousing (15yr income) 4.25% Positive

Secondary Distribution (10 year income) 5.00% Positive

SE Estate (exc London & Heathrow) 4.25% Positive

Good Modern RoUK Estate 5% Positive

Secondary Estates 5.75% Positive

Offices

City Prime 4.00 - 4.25% Stable

West End Prime 3.50% Positive

Major Regional Cities 4.75% Positive

SE Towns 5.00% Positive

Business Parks (SE) 5.00% Positive

Bonds & Rates

Libor 3 months (06/02/2018) 0.27%

Base Rate (06/02/2018) 0.25%

5 year swap rates (06/02/2018) 0.82%

10 year gilts redemption yield (06/02/2018) 1.10%


DSP 2018 – Project ref. 17526 117

Commercial Property Values Research

5.31 The information as outlined in the following section is based on researching data as

far as available reflecting property within the Chiltern and South Bucks District Council

area, covering the following types: -

• Shops / premises

• Retail Warehousing

• Supermarkets

• Offices

• Industrial Warehousing

5.32 DSP subscribes to commercial property data resource ‘CoStar’ and here we include

relevant extracts, again as far as available for the Council’s area. Summary reporting

analysis for both lease and sales comparables is provided; combined with the full data

extract to be found at the end of this Appendix. CoStar is a market leading commercial

property intelligence resource used and informed by a wide range of Agents and other

property firms, to provide commercial real estate information and analytics. CoStar

conducts extensive, ongoing research to provide and maintain a comprehensive

database of commercial and real estate information where subscribers are able to

analyse, interpret and gain insight into commercial property values and availability, as

well as general commercial market conditions.

Commercial Values Data - CoStar

5.33 The CoStar sourced research below is based on available lease and sales comparables

within Chiltern and South Bucks District covering retail (all types), offices and

industrial/warehousing. We have included the analysis summary for both lease and

sales comparables only here (see below) with the full data set provided at the rear of

this Appendix.

5.34 Figures 8a – 8f below provide the CoStar lease and sales comparable summary analysis

for retail, office and industrial uses generally, covering the Chiltern and South Bucks

submarket over the last 2yrs.


DSP 2018 – Project ref. 17526 118

Figure 8a – CoStar Lease Comparables Analytics – Retail (generally) – Chiltern

Submarket

Figure 8b – CoStar Lease Comparables Analytics – Retail (generally) – South Bucks

Submarket

Figure 8c – CoStar Lease Comparables Analytics – Offices – Chiltern Submarket


DSP 2018 – Project ref. 17526 119

Figure 8d – CoStar Lease Comparables Analytics – Offices – South Bucks Submarket

Figure 8e – CoStar Lease Comparables Analytics – Industrial – Chiltern Submarket

Figure 8f – CoStar Lease Comparables Analytics – Industrial – South Bucks Submarket


DSP 2018 – Project ref. 17526 120

5.35 The full dataset of the above has been further analysed to provide a more detailed view of the range of rents in both district areas (see

Table 7 below) across the main commercial property types, as part of the robust assumption setting process. Our commercial rent

assumptions are set based on a range of data sources as detailed throughout this report - the full dataset has not been included here due

to the size.

Table 7: Co-Star Summary Analysis – Chiltern and South Bucks District Areas

Type

Chiltern District - £/m2 South Bucks District - £/m2

£/m2 Minimum Average Rental

Indications

£/m2 1st Quartile Rental

Indications

£/m2 Median Rental

Indications

£/m2 3rd Quartile Rental

Indications

£/m2 Maximum Average Rental

Indications


Indications


Indications

£/m2 Median Rental

Indications


Indications


Indications

Retail £97.02 £218.51 £289.81 £329.01 £763.92 £102.97 £211.89 £286.11 £393.49 £570.82

Offices £86.11 £153.60 £188.91 £231.86 £435.62 £133.80 £193.75 £260.06 £306.88 £461.24

Industrial £22.71 £65.36 £81.48 £106.54 £207.85 £69.54 £98.92 £99.57 £111.18 £130.57

Further commercial property values data sources - VOA Rating List

5.36 In addition to the above we have also reviewed the VOA data contained in the tables below providing further analysis and summary of

the rents for shops, retail warehouses, supermarkets, convenience stores and offices. Note: the full data set has not been included due

to the size.


DSP 2018 – Project ref. 17526 121

Table 8: VOA Data Summary – Shops, Offices, Retail Warehousing, Industrial, Supermarkets and Convenience Stores

Type

Chiltern District South Bucks


Indications


Indications

£/m2 Median Rental

Indications


Indications


Indications


Indications


Indications

£/m2 Median Rental

Indications


Indications


Indications

Offices £21.45 £100.58 £125.98 £166.67 £247.51 £15.09 £119.24 £171.51 £252.35 £699.83

Industrial £21.27 £42.05 £57.79 £66.20 £141.25 £41.04 £121.14 £147.74 £165.96 £353.79

Retail Warehousing

£133.32 £133.32 £133.32 £133.32 £133.32 £63.15 £179.49 £251.95 £287.17 £251.95

Supermarkets £187.40 £199.06 £238.72 £244.21 £288.82 £7.16 £38.23 £56.78 £69.67 £118.91

Shops £8.77 £76.92 £137.39 £198.00 £549.54 £104.89 £211.13 £229.58 £250.77 £265.10

Convenience Stores

£62.53 £99.45 £129.41 £142.35 £199.06 £54.03 £63.58 £101.29 £131.88 £223.95


DSP 2018 – Project ref. 17526 122

6.0 Stakeholder Consultation – Phase 1

6.1 As part of the information gathering process, DSP invited a number of local

stakeholders to help contribute by providing local residential / commercial market

indications / experiences and values information. This was in order to both invite

engagement and to help inform our study assumptions, alongside our own research,

with further experience and judgements. It was conducted by way of a survey / pro-

forma (containing some suggested assumptions) supplied by email by DSP via the

Council for comment. The covering email contained a short introduction about the

project, and also explained the type of information we required as well as assuring

participants that any information they may provide would be kept in confidence,

respecting commercial sensitivities throughout the whole process.

6.2 The list of development industry stakeholders contacted was as below: -

Table 9: Stakeholder Consultation List

Adrienne Hill Ltd Jane Duncan Architects

Aitchison Raffety Jeffrey Powell Associates

Al-Omaraa National Real Estate Co. JSA Architects Ltd

Alpha Planning Ltd JSB Planning Law

Andmore Planning Ltd Kemp & Kemp LLP

Anila Khola & Associates Kevin Scott Consultancy

Arcus Consultancy Services KRL Planning Ltd

Avercet Property Ltd Lambert Smith Hampton

Barker Parry Town Planning Ltd Land & Partners

Barton Willmore LLP Land Use Consultants

Bell Cornwall LLP Landmark Group

Bellway Homes Ltd Lochailort Investments

Berkeley Group Lucas Land Planning

Bewley Homes PLC Maddox Associates

Bidwells Malcolm Scott Consultants Ltd

Bilfinger GVA Martin Dowling Architects

Bishop Group Maurice Phillips Partnership

Blakeney Estates Ltd Michael Dales Partnership Ltd

Bloor Homes Mosaic Town Planning

Boyer Planning MSC Planning Ltd

Brown Associates Nationcrest PLC


DSP 2018 – Project ref. 17526 123

Cannon, Morgan and Rheinberg Partnership Nexus

Carlin Design Services Persimmon Homes

Carter Jonas Peter Brett Associates

Carter Planning Ltd PJSA Chartered Surveyors

Catesby Estates Ltd Planning Works

Catesby Property Group Planware

Chandler Garvey Progress Planning

Coda Planning Ltd PSP Consulting

Comaland Rapleys LLP

Cranford Capital Management Ltd RCA Regeneration

Croudance Homes Ltd Rectory Homes

Danks Badnell Architect Ltd Red Kite Development Consultancy

David Lock Associates Richborough Estates

Deloitte Robinson Escott Planning

Deriaz Slater RPS CgMs

DLA Town Planning Ltd SAV Planning

DLP Planning Ltd Savills

Dove Properties SF Planning Ltd

DP Architects Shanley Homes

ECA Smith Jenkins Ltd

Fisher German SSA Planning

Fisher Meredith Solicitors Strutt & Parker LLP

Fluid Design Associates Ltd Terence O’Rourke

Frampton Town Planning Tesni

Fraser Kirkcaldy Architects TFA Ltd

GMKC Ltd Thakeham Homes

Halletec Environmental Ltd The Drawing Room Ltd

Hambledon Land Ltd The Hall Partnership

Hawkins Eades Associates The Sirius Group

HBF The Woodley Group

Heaton Planning Trinity Land

Heine Planning Troy Planning and Design

Henry Adams Planning Trueman Architects Ltd

HTS Design Ltd Turley

Hunterhill Estates Ltd WaM Architecture

Ian Jewson Planning Whitbread Plc

Iceni Projects Wide Sky Architects

Indigo Planning WYG

Inphase Limited


DSP 2018 – Project ref. 17526 124

6.3 Other stakeholders contacted as part of the information gathering process including

locally active Affordable Housing Providers as well as liaising with key contacts within

the Council.

6.4 The response rate was relatively positive overall compared with other similar

consultations. A limited response rate is however not unusual for this type of process

in DSP’s wide experience of undertaking strategic level viability testing. There are a

range of sensitivities and aspects involved, which were acknowledged by DSP

throughout the process.

6.5 However, any information / comments that were provided as a result of this

consultation helped to inform and check / support our assumptions but due to

commercial sensitivity and confidentiality they are not listed here.

Feedback Log

6.6 This was maintained to monitor the response levels and summarise information and

soundings such as were collected from the various local agents, developers and others

operating in the area and / or nearby areas - including on general market conditions

and local variations, residential values and commercial sales / lettings and, where

possible, land values together with development costs indications. As noted above,

the information provided to DSP through the consultation process is commercially

sensitive and is therefore not displayed below.

6.7 The section below, specifically provides an overview of the residential market

generally informed by contact with local agents, rather than the response to our

formal consultation process. Additional land values information or soundings are

noted in the following section of this Appendix.

• The residential market has generally been described as being fairly static

throughout the winter months but since the spring the market has slowed

further. Although the uncertainty of Brexit has not directly had a direct impact

per se, it has resulted in some buyers being more cautious before committing

to a purchase.


DSP 2018 – Project ref. 17526 125

• Slowing growth in Q2 with a levelling out of market activity particularly at the

upper end of the market. There is a under supply of 3-bed houses which

continue to be in demand – “a buyers market”. A strong appetite for

incentivised housing exists in the District with good associated infrastructure

links.

• The market continues to remain subdued at present, as confirmed by a

number of reputable estate agents in both the Chiltern and South Bucks

Districts. This relates principally to the economic uncertainty with Brexit,

however properties that are currently being marketed which are competitively

priced will sell. It is those “needing to move” that are currently promoting a

sale.


DSP 2018 – Project ref. 17526 126

7.0 Stakeholder Consultation – Phase 2: Strategic Sites

7.1 Linked to the above initial consultation, we also carried out a further phase of

consultation with representatives of the promoters of the Council’s identified

strategic sites to be viability tested as part of this Study. These site promoters were

invited to complete a short pro-forma / survey as provided in Table 9 below.

7.2 The purpose of this process was to see whether those parties involved in particular

sites and locations had any information that they could put forward to inform this

viability review process. DSP again noted that all sensitivities were understood and to

be respected, hence the information gleaned from this second phase consultation

exercise is not outlined here.

Table 10 Pro-forma consultation - Site Promoters

Site name / ref

Landowner Interests – please specify the type of development interest in.

Land ownership – any indication of single / multiple ownership and the degree of control / joint working achievable in order to create comprehensive development. Any awareness of potential constraints such as ransoms, rights of way, covenants, etc.

Any view on the local housing (and/or employment / commercial property) market as affects the scheme and particularly on likely (current) new build housing values - £/sq ft / sq m – for the location (indicative)?

Any knowledge of particular site conditions / constraints to be overcome – and associated development costs? (Just for example - ground conditions / contamination, flooding / drainage abnormal, ecology / landscape issues, highways / access / transport related).

Any early stages views on the viability impact (positive or negative) of any non-residential uses / elements proposed?


DSP 2018 – Project ref. 17526 127

Any knowledge / information on land price or expectation – indication of the land value that needs to be created for the land owner (e.g. £ sum of £ per Hectare / acre) after all development costs and obligations are deducted from a serviced value? For example minimum option agreement price (with the basis made clear e.g. £/net or gross/Ha.)

Site enabling and infrastructure. The Councils will be undertaking an assessment of needs, including on and off-site works and contributions (both enabling works and s.106), but any early expectations on extent of works and obligations from the promoters’ side would be useful.

Any known upgrading / diversion etc issues that need to be dealt with as regards utility supplies to the site (water, gas, electricity, communications); and particularly any known / estimated costs associated with these?

An indication of the rate of development (indicative timescales) and a timetable for commencement?

Ability of the site(s) to deliver Affordable Housing? Percentage and type (e.g. affordable rented, shared equity, etc.)

Potential of the site to deliver self-build plots?

Any other scheme viability / site availability related comments welcomed.

Would you be happy to be contacted again on this topic – or, if relevant, would it be better for the Council to contact someone else on this? (If so, please provide brief details).


DSP 2018 – Project ref. 17526 128

8.0 Land Values Context

General context - Savills Market in Minutes: UK Residential Development Land –

May 2018

8.1 Summary reads: ‘Urban land values grew strongly, notably in the Midlands, due to

regeneration, competition from the Build to Rent and student sectors, and London

developers looking beyond the capital’

Summary

• Greenfield land values are edging up where house prices are rising, increasing by 0.8%

in Q1 2018 and taking annual growth to 2.1%. This compares with 0.1% quarterly

growth in Q4 2017 for the UK on average. Growth is focused in the Midlands and

Scotland where house prices have continued to climb.

• UK urban land values increased by 4.0% in Q1 2018 taking annual growth to 6.3%.

Demand for land in Birmingham city centre, Coventry, and London commuter towns

has supported this growth. Regeneration, competition from the Build to Rent and

student sectors, and London developers seeking opportunities beyond the capital, have

contributed.

• Land in outer London has been in demand despite some developers moving beyond the

capital. There are numerous bids for sites of around 100 plots with consent. These are

from a range of developers, including housing associations and housebuilders.

• There is less demand for smaller sites in outer London, providing an opportunity for

smaller private developers and housing associations. However, if this situation

continues, the aspiration of the draft London Plan to deliver 24,600 homes per year on

smaller sites over the next 10 years is unlikely to be met.

• In central London, hotel land values continue to climb while office and residential

values have fallen or been flat. London hotel operational performance has stayed

resilient in the face of Brexit, helping developer confidence.


DSP 2018 – Project ref. 17526 129

Focused growth in greenfield land values

8.2 ‘During the past quarter, greenfield land values in the UK have grown by 0.8%, rising

from 0.1% in Q4 2017. Growth has been focused in Scotland and the Midlands,

particularly where recent house price increases have been stronger.

8.3 In the west (West Midlands and South West), greenfield land values increased by 1.3%

in Q1 2018. In Coventry, Solihull and Leamington Spa, land values have grown by more

than 7% in the past year. In 2017, house prices in these places rose by 8.5%, 7.6% and

5.1% respectively, outperforming the national average of 4.1%.

8.4 Scottish greenfield land values are also increasing above the UK average as house

prices grow faster than in London. In Q1 2018, greenfield land values increased by

2.8%, rising for the first time in the last year.

8.5 House prices in Scotland rose by 5.0% in 2017, compared with the 1.7% Greater London

average, according to Savills house price indices (see our Spotlight: Scotland’s

Residential Property Market).

8.6 Undersupply in the major cities has driven the need to build more homes and there is

more political certainty with the lessened prospect of another Scottish referendum.


DSP 2018 – Project ref. 17526 130

Target for smaller sites under threat

8.7 Land in outer London has been in demand despite some developers moving beyond the

capital. Sites of around 100 homes with consent are in high demand from a range of

developers including housing associations and housebuilders.

8.8 However, mergers between housing associations have meant they are increasingly

seeking sites of 100 or more plots and are less attracted to smaller sites. Notting Hill

and Genesis are the latest housing associations to complete such a merger. As a result,

there is less competition for smaller sites.

8.9 In the draft London Plan, there is an emphasis on the delivery of homes on smaller

sites. The expectation is to deliver 24,600 homes per year on these smaller sites over

the next 10 years.

8.10 Due to the weaker demand for these sites, there is an opportunity for smaller private

developers and housing associations to take these sites forward. However, if there

continues to be less demand for these sites, the aspirations for housing delivery on

small sites in the draft London Plan are unlikely to be met.


DSP 2018 – Project ref. 17526 131

Knight Frank: Residential Development Land Index Q1 2018

8.11 Headline reads: ‘English greenfield land prices edge up in Q1 2018’

8.12 ‘The value of English greenfield land climbed 0.9% between January and March, while

land values in prime central London remained unchanged. The average value of urban

brownfield land rose 0.4%.

Key Facts: -

• English greenfield land values climbed 0.9% during Q1 2018, taking the annual change

to 2.2%

• Urban brownfield land values rose 0.4%, taking the annual change to 6.4%

• Land values in prime central London remained unchanged, taking the annual decline

to 2.1%

8.13 ‘Average greenfield land values in England climbed 0.9% during Q1 2018, aided by

demand for oven-ready sites with access to infrastructure. This took the annual change

to 2.2%, down from 2.6% in the year to Q4 2017.

8.14 Uncertainty over the future of Britain’s relationship with the European Union is likely

to weigh on future growth in values, with house builders taking an increasingly

selective approach when bidding for land as they adjust to perceived risk in the market.

8.15 The Help to Buy Equity Loan scheme has continued to contribute to sales rates, though

developers are now embarking on projects due to complete after 2021 – when the

scheme is currently stated to end. Uncertainty over the future of the policy is likely to

be reflected in English greenfield land values in the coming quarters, coupled with

house builders factoring into their margins the unclear economic picture ahead.

8.16 Growth in urban brownfield land values moderated during the quarter, climbing 0.4%.

This follows a strong final quarter of 2017, when values rose 4.9%, amid positive

sentiment and robust employment growth in the UK’s major cities – particularly in

Birmingham. Values have climbed 6.4% during the past twelve months.


DSP 2018 – Project ref. 17526 132

8.17 Those fundamentals that underpinned demand in Q4 remain unchanged. However,

high build costs are increasingly limiting what developers are willing to pay for land.

Development land prices in prime central London remained unchanged during Q1

2018, taking the annual change to -2.1%.

8.18 Though trading volumes remain lower than in previous years, a number of large sites

have been put on the market following the Christmas lull, which should provide a

strong indication of the strength of the market, and whether larger developers are re-

committing to Zones 1&2.

8.19 The GLA Affordable Housing policy – allowing developers to fast-track through the

process if they hit a threshold of 35% Affordable Housing, or 50% on public land – is

being digested by the market and the jury is out as to whether this will provide a much

need boost to Affordable Housing in the capital. The spread of prices paid for land sold

with planning, compared to land sold without, has widened as developers weigh up

risk in a new planning environment. We anticipate prime central London development

land values will remain stable moving forward.

8.20 In urban area, the continued price growth in the urban brownfield land index reflects

continued demand in these markets (which can also be seen in growth in house prices).

While this sustained demand will likely continue to underpin pricing, average land

values remained broadly flay in Q3, suggesting that pricing in some urban markets

may have found its equilibrium.

8.21 In prime Central London, the decline in development land values shows continued signs

of abating, with values down just 2.5% on the year, compared to a 10.3% decline seen

in Q3 last year.

8.22 In general, the prime central London land market is showing signs of stabilising after

a period of deflation and this trend is expected to continue over the next 12 months.

Ian Morris, Joint Head of Residential Development, said: “The liquidity in the land

market is low as sentiment is nervous however for the brave there is value to be found.

Deals are price sensitive and risk needs to be appropriately analysed and understood”.

There are challenged for developers trying to secure debt and equity funding, and

development economics must also account for the fact that there is, so far, little sign


DSP 2018 – Project ref. 17526 133

of any significant softening in construction costs. The weaker pound is boosting import

prices, while the lack of resource in the labour market is also a key consideration for

developers currently active in the market.’


DSP 2018 – Project ref. 17526 134

Benchmark Land Values

8.23 Land value in any given situation should reflect specific viability influencing factors,

such as:

• the existing use scenario;

• planning potential and status / risk (as an indication and depending on

circumstances, planning risk factors may equate to a reduction from a “with

planning” land value by as much as 75%);

• development potential – scale, type, etc. (usually subject to planning) and;

• development constraints – including site conditions and necessary works, costs

and obligations (including known abnormal factors);

• development plan policies

8.24 It follows that the planning policies and obligations will have a bearing on land value;

as has been recognised by examiners and Planning Inspectors.

8.25 In order to consider the likely viability of local plan policies in relation to any

development scheme relevant to the Local Plan, the outturn results of the

development appraisals (the RLVs viewed in £/ha terms) need to be somehow

measured against a comparative level of land value. This is a key part of the context

for reviewing the strength of the results as those changes across the range of


DSP 2018 – Project ref. 17526 135

assumptions on sales values (GDVs) and crucially including the effect of local plan

policies (including affordable housing), and other sensitivity tests.

8.26 This comparison process is, as with much of strategic level viability assessment, not an

exact science. It involves judgements and the well-established acknowledgements

that, as with other appraisal aspects, land values will in practice vary from scheme to

scheme as well as being dependent to some extent on timing in relation to market

conditions and other wider influences such as Government policy. The levels of land

values selected for this comparison context are often known as ‘benchmark’ land

values, ‘viability tests’ (as referred to in our results tables – Appendices IIa to IIb) or

similar. They are not fixed in terms of creating definite cut-offs or steps in viability, but

in our experience, they serve well in terms of adding a layer of filtering to the results,

to help enable the review of those; they help to highlight the tone of the RLV results

and therefore the changing strength of relationship between the values (GDVs) and

development costs as the appraisal inputs (assumptions) change.

8.27 As suitable (appropriate and robust) context for a high-level review of this nature,

DSP’s practice is to compare the wide range of appraisal RLV results with a variety of

potential land value comparisons in this way. This allows us to consider a wide range

of potential scenarios and outcomes and the viability trends across those.

8.28 The land value comparison levels are not fixed or even guides for use on scheme

specifics; they are purely for this assessment purpose. In our experience, sites will

come forward at alternative figures – including in some cases beneath the levels

assumed for this purpose. We have considered land values in a way that supports an

appropriately “buffered” type view.

8.29 The revised NPPF was published in July 2018 alongside updated Planning Practice

Guidance (PPG) (in particular in relation to viability both at plan making and decision

taking stages of the planning process). This latest PPG on viability makes it clear that

benchmark land values (BLVs) should be based on the Existing Use Value (EUV) plus

approach and states:-

‘A benchmark land values should be established on the basis of the existing use value

(EUV) of the land, plus a premium for the landowner. The premium for the landowner


DSP 2018 – Project ref. 17526 136

should reflect the minimum return at which it is considered a reasonable landowner

would be willing to sell their land. The premium should provide a reasonable incentive,

in comparison with other options available, for the landowner to sell land for

development while allowing a sufficient contribution to comply with policy

requirements. This approach is often called ‘existing use value plus (EUV+)…

Benchmark land value should:

• Be based upon existing use value

• Allow for a premium to landowners (including equity resulting from those

building their own homes)

• Reflect the implications of abnormal costs; site-specific infrastructure costs;

and professional site fees and

• Be informed by market evidence including current uses, costs and values

wherever possible. Where recent market evidence is used to inform assessment

of benchmark land value this evidence should be based on developments which

are compliant with policies, including for affordable housing. Where this

evidence is not available plan makers and applicants should identify and

evidence any adjustments to reflect the cost of policy compliance. This is so that

historic benchmark land values of non-policy compliant developments are not

used to inflate values over time.

In plan making, the landowner premium should be tested and balanced against

emerging policies. In decision making, the cost implications of all relevant policy

requirements, including planning obligations and, where relevant, any Community

Infrastructure Levy (CIL) charge should be taken into account.

Existing use value (EUV) is the first component of calculating benchmark land value.

EUV is the value of the land in its existing use together with the right to implement any

development for which there are policy compliant extant planning consents, including

realistic deemed consents, but without regard to alternative uses. Existing use value is

not the price paid and should disregard hope value. Existing use values will vary

depending on the type of site and development types. EUV can be established in

collaboration between plan makers, developers and landowners by assessing the value

of the specific site or type of site using published sources of information such as

agricultural or industrial land values, or if appropriate capitalised rental levels at an


DSP 2018 – Project ref. 17526 137

appropriate yield. Sources of data can include (but are not limited to): land registry

records of transactions; real estate licensed software packages; real estate market

reports; real estate research; estate agent websites; property auction results;

valuation office agency data; public sector estate/property teams’ locally held

evidence…

The premium (or the ‘plus’ in EUV+) is the second component of benchmark land value.

It is the amount above existing use value (EUV) that goes to the landowner. The

premium should provide a reasonable incentive for a land owner to bring forward land

for development while allowing a sufficient contribution to comply with policy

requirements.

Plan makers should establish a reasonable premium to the landowner for the purpose

of assessing the viability of their plan. This will be an iterative process informed by

professional judgement and must be based upon the best available evidence informed

by cross sector collaboration. For any viability assessment data sources to inform the

establishment the landowner premium should include market evidence and can

include benchmark land values from other viability assessments. Any data used should

reasonably identify any adjustments necessary to reflect the cost of policy compliance

(including for affordable housing), or differences in the quality of land, site scale,

market performance of different building use types and reasonable expectations of

local landowners. Local authorities can request data on the price paid for land (or the

price expected to be paid through an option agreement).’

8.30 In order to inform the BLVs for use here, we have reviewed existing evidence, previous

viability studies, site specific viability assessments and in particular have had regard to

published Government sources of land values for policy application1. The Government

data provides industrial, office, residential and agricultural land value estimates for

the local sub-region but not all areas are covered. This includes data for Chiltern and

South Bucks in relation to residential land estimates. Not all areas are covered and

obviously areas such as Chiltern and South Bucks may well have varying characteristics

particularly in relation to industrial / office land than wider areas in the region.

Therefore where data is insufficient we have made use of our own experience and

1 MHCLG: Land value estimates for policy appraisal 2017 (May 2018)


DSP 2018 – Project ref. 17526 138

judgement in order to utilise a ‘best fit’ from the available data. The benchmarks

indicated within the appendices are therefore informed by this data and other source

as described above.

8.31 The residential land value estimates in particular require adjustment for the purposes

of strategic viability testing due to the fact that a different assumptions basis is used

in our study compared to the truncated valuation model used for the residential land

value estimate. This (and other) viability assessments, assume all development costs

are accounted for as inputs to the RLV appraisal, rather than those being reflected

within a much higher, “serviced” i.e. “ready to develop” level of land value. The

MHCLG truncated valuation model provides a much higher level of land value as it

assumes all land and planning related costs are discharged, assumes that there is a nil

affordable housing requirement (whereas in practice the affordable housing

requirement can impact land value by around 50% on a 0.5 ha site with 40% AH) with

no CIL or other planning obligations allowance. That level of land value would also

assume that full planning consent is in place, whereas the risk associated with

obtaining planning consent can equate to as much as a 75% deduction when adjusting

a consented site value to an unconsented land value starting point. Lower quartile

build costs and a 17% developer’s profit (compared to the assumed median build costs

and 20% developer’s profit used in this study (17.5% was subsequently sensitivity

tested)) are additional assumptions that lead to a view of land value well above that

used for comparison (benchmark purposes) in viability assessments such as this. So,

the assessment approach (as relates to all land values) assumes all deductions from

the GDV are covered by the development costs assumptions applied within the

appraisals. In our view this would lead to a significantly reduced residential land value

benchmark when taking into account all of those factors.

8.32 The figure that we consider representing the minimum land value likely to incentivise

release for development under any circumstances in the local context is around

£250,000/ha, based on gross site area with lower and upper ends at £100,000 and

£500,000/ha. In our experience of dealing with site specific viability, greenfield land

values tend to be assumed at minimum option agreements levels. These are typically

around £100,000 and not exceeding £150,000 per gross acre (i.e. approx. £250,000 to

a maximum of £370,000 per gross hectare). Land values at those levels are likely to be


DSP 2018 – Project ref. 17526 139

relevant to development on greenfield land (e.g. agricultural land or in cases of

enhancement to amenity land value).

8.33 At this level, it could be relevant for consideration as the lowest base point for

enhancement to greenfield land values (with agricultural land reported by the VOA

and a range of other sources to be valued at circa £20,000 - £25,000/ha in existing

use). The HCA issued a transparent assumptions document which referred to guide

parameters of an uplift of 10 to 20 times agricultural land value. This sort of level of

land value could also be relevant to a range of less attractive locations or land for

improvement. This is not to say that land value expectations in such scenarios would

not go beyond these levels either – they could well do in a range of circumstances.

8.34 The EUV+ BLVs used within the study therefore range between £100,000/ha for

greenfield land (including a significant uplift from existing agricultural values) to

approximately £4.48m for residential land in existing use.

8.35 Matters such as realistic site selection for the particular proposals, allied to realistic

land owner expectations on site value, will continue to be vitally important. Even

moving away from a ‘market value’ led approach, site value needs to be proportionate

to realistic development scope and site constraints, ensuring that headroom for

supporting necessary planning obligations is not overly squeezed beneath the levels

that should be achieved.

8.36 The RICS Guidance2 (pre-dating the new NPPF and PPG) refers to site value in the

following ‘Site Value should equate to the market value subject to the following

assumption: that the value has regard to development plan policies and all other

material planning considerations and disregards that which is contrary to the

development plan… The residual land value (ignoring any planning obligations and

assuming planning permission is in place) and current use value represent the

parameters within which to assess the level of any planning obligations’.

8.37 The Local Housing Delivery Group report3 chaired by Sir John Harman (again pre-dating

the new NPPF and PPG), notes that: ‘Consideration of an appropriate Threshold Land

2 Financial viability in planning – RICS Guidance note (August 2012) 3 Local Housing Delivery Group – Viability Testing Local Plans (June 2012)


DSP 2018 – Project ref. 17526 140

Value needs to take account of the fact that future plan policy requirements will have

an impact on land values and landowner expectations. Therefore, using a market value

approach as the starting point carries the risk of building-in assumptions of current

policy costs rather than helping to inform the potential for future policy. Reference to

market values can still provide a useful ‘sense check’ on the threshold values that are

being used in the model (making use of cost-effective sources of local information), but

it is not recommended that these are used as the basis for the input to a model.

8.38 We recommend that the Threshold Land Value is based on a premium over current use

values and credible alternative use values’.

8.39 The revisions to the Viability PPG and the new NPPF (in July 2018), as described above,

now very clearly advise that land value should be based on the value of the existing

use plus an appropriate level of premium or uplift to incentivise release of the land for

development from its existing use.

8.40 Any overbid level of land value (i.e. incentive or uplifted level of land value) would be

dependent on a ready market for the existing or other use that could be continued or

considered as an alternative to pursuing the redevelopment option being assumed.

The influences of existing / alternative uses on site value need to be carefully

considered. At a time of a low demand through depressed commercial property

market circumstances, for example, we would not expect to see inappropriate levels

of benchmarks or land price expectations being set for opportunities created from

those sites. Just as other scheme specifics and appropriate appraisal inputs vary, so

will landowner expectation.

8.41 In summary, reference to the land value benchmarks range as outlined within the

report and shown within the Appendices II results summary tables footnotes (range

overall £100,000 to £4,487.400/ha) have been formulated with reference to the

principles outlined above and are considered appropriate.

DSP Chiltern and South Bucks Whole Plan and CIL Viability Study

Appendix III ends (v5)

Extracts sourced from CoStar follow

Appendix III: Co-Star Extracts

Lease Comps SummaryLease Comps Report

Deals

29Asking Rent Per SF

£8.62Achieved Rent Per SF

£6.70Avg. Months On Market

14LEASE COMPARABLES

SUMMARY STATISTICS

Rent Deals Low Average Median High

Asking Rent Per SF

Achieved Rent Per SF

Net Effective Rent Per SF

Asking Rent Discount

TI Allowance

Rent Free Months

24

15

14

13

-

9

£5.05

£2.11

£2.11

-1.9%

-

0

£8.62

£6.70

£6.68

12.1%

-

2

£8.00

£7.32

£7.22

1.8%

-

3

69.6%

-

6

£19.30

£19.31

£19.31

Lease Attributes Deals Low Average Median High

Months on Market

Deal Size

Lease Deal in Years

Floor Number

24

29

15

29

1

750

3.0

GRND

14

3,420

5.1

GRND

6

2,990

5.0

GRND MEZZ

92

12,711

10.0

05/07/2018Copyrighted report licensed to Dixon Searle Partnership - 764070.

Page 1


Property Name - Address Rating SF Leased Floor Sign Date Rent Rent Type

Lease

Type

Rents

-1 White Lion Rd2,780 GRND 31/05/2018 £12.40 AskingNew

-2 Plantation Rd3,100 GRND 20/04/2018 £6.29 AskingNew

-3 White Lion Rd3,180 GRND 01/04/2018 £11.95/fri AskingNew

-4 Berkhamstead Rd1,878 GRND 27/02/2018 £13.00/fri EffectiveNew

-5 Chilton Rd2,213 GRND 16/01/2018 £7.90/fri EffectiveNew

-6 The Barn Yard2,990 GRND 05/01/2018 £10.03 Asking

Amersham RdNew

-7 Temporary Workshop/ St…1,211 GRND 05/01/2018 £10.32 Asking

Amersham RdNew

-8 Misbourne Yard1,098 GRND 05/01/2018 £13.66 Asking

Amersham RdNew

-9 Moor Rd5,391 GRND,1 03/12/2017 £7.60/fri EffectiveNew

-10 162 Bois Moor Rd750 GRND 01/11/2017 £8.67 AskingNew

-11 Little Britain House7,900 1st 06/09/2017 £3.61/fri Effective

Alma RdNew

-12 7-9 Springfield Rd2,400 GRND 01/02/2017 - -New

-13 3-5 Chiltern Hl12,711 GRND,1 23/01/2017 - -New

-11 Little Britain House4,000 1st 15/01/2017 £9.00/fri Asking

Alma RdNew



-14 32 New Pond Rd4,749 GRND 24/08/2016 £2.51/fri EffectiveNew

-15 White Lion Rd7,286 GRND 20/05/2016 - -New

-16 Springfield Rd4,566 GRND,1… 09/05/2016 £6.00/fri AskingNew


-17 42-44 New Pond Rd4,749 GRND 18/03/2016 £2.11 EffectiveNew

-Chilton Rd

3,269 GRND 01/03/2016 £6.49/fri EffectiveNew


Page 2

http://gateway.costar.com/Gateway/Redir/RedirectToProduct.aspx?productId=PPW&redirUrl=%2Fredir%2Fdefault.aspx%3Feid%3D7532159%26ProductMode%3DProperty%26SelectedTab%3Dlease%26external%3D1
























Lease

Type

Rents


-19 Earl Howe Rd1,897 GRND,1 01/03/2016 £6.00/fri EffectiveNew


-20 Woodview Farm3,367 GRND 01/01/2016 £19.31/fri Effective

London RdNew

-21 1 Springfield Rd1,875 GRND 01/01/2016 £5.33 AchievedNew


-22 Hill Farm Stables1,090 GRND 01/11/2015 £5.05 Asking

Forty GreenNew

-3 White Lion Rd3,255 GRND 02/10/2015 £9.50 AskingNew


Page 3









May 2018

New Direct

2,780White Lion Rd

Amersham, HP7 9JQ

Chiltern Ind Submarket

£4.34/SF

1

May 2018

New DirectReed Ltd

3,100Plantation Rd

Amersham, HP6 6HJ


£2.18/SF

2

Apr 2018

New DirectGE Healthcare Ltd

3,180White Lion Rd

Amersham, HP7 9JQ


£3.30/SF

3

Mar 2018

New Direct

£13.00/SF

5 Years £13.00/SF

Lamps and Tubes Illumination Ltd 1,878Berkhamstead Rd

Chesham, HP5 3EP


4

Feb 2018

New Direct

£7.90/SF

5 Years £7.90/SFClipstone Investment Management…

Giraffe Access Company Ltd 2,213Chilton Rd

Chesham, HP5 2AU


£3.26/SF

5

Feb 2018

New Direct

2,990

The Barn Yard

Amersham Rd

Chalfont St Giles, HP8 4RU


6

Lease ComparablesAddress Tenant

Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews

Copyrighted report licensed to Dixon Searle Partnership - 764070.Page 1

Page 4

Feb 2018

New Direct

1,211

Temporary Workshop/ Storage Unit

Amersham Rd



7

Feb 2018

New Direct

1,098

Misbourne Yard

Amersham Rd



8

Feb 2018

New Direct

£7.60/SF

5 Years £7.60/SF

Winzor Pharmaceuticals UK Ltd 5,391Moor Rd

Chesham, HP5 1SD


£2.31/SF

9

Nov 2017

New Direct

750162 Bois Moor Rd

Chesham, HP5 1SS


£2.91/SF

10

Sep 2017

New Direct

£3.61/SF

10 Years £3.61/SFRaja holdings Ltd

Video Com-UK Electronics & Soft… 7,900

Little Britain House

Alma Rd

Chesham, HP5 3HB


£1.22/SF

11

Feb 2017

New Direct

David Evans 2,4007-9 Springfield Rd

Chesham, HP5 1PW


12


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 5

Jan 2017

New Direct

Howden Joinery Properties Ltd 12,7113-5 Chiltern Hl

Gerrards Cross, SL9 9YZ


13

Feb 2017

New Direct 5 YearsRaja holdings Ltd

4,000

Little Britain House

Alma Rd

Chesham, HP5 3HB


£1.22/SF

14

Oct 2016 3 Mos at Start

New Direct

£8.00/SF


Piling and Drilling Supplies & Servi… 2,054Chilton Rd

Chesham, HP5 2AU


Nov 2019

15

Sep 2016 3 Mos at Start

New Direct

£8.00/SF


Marketing In Partnership Ltd 2,054Chilton Rd

Chesham, HP5 2AU


16

Aug 2016

New Direct

£2.11/SF

3 Years £2.51/SFDisabled Drive (Mobility Care) Ltd

DBearLtd 4,74932 New Pond Rd

High Wycombe, HP15 6SU


£1.14/SF

17

May 2016

New Direct

Screwfix 7,286White Lion Rd

Amersham, HP7 9JQ


18


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 6

May 2016

New Direct

4,566Springfield Rd

Chesham, HP5 1PW


19

May 2016 3 Mos at Start

New Direct

£7.32/SF

5 Years £6.90/SFAviva Investors Global Services Ltd

Chiltern Cooling Ltd 2,047Chilton Rd

Chesham, HP5 2AU


May 2019

20

Mar 2016

New Direct

£2.11/SF

3 Years £2.11/SF

Sage Contracting Ltd 4,74942-44 New Pond Rd



21

Mar 2016 3 Mos at Start

New Direct

£6.88/SF


Vision World Ltd 3,269Chilton Rd

Chesham, HP5 2AU


Mar 2019

£2.84/SF

22

Apr 2016

New Direct

£6.00/SF

3 Years £6.00/SFChiltern Trading Estate Ltd

Autobahn GT 1,897Earl Howe Rd

High Wycombe, HP15 6QT


£1.43/SF

23

Jan 2016 Spread OverTe…New Direct

£6.73/SF


GB Precision Engineering 3,269Chilton Rd

Chesham, HP5 2AU


£2.69/SF

24


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 7

Jan 2016 0 Mos

New Direct

£19.31/SF

10 Years £19.31/SF

PHD Ltd 3,367

Woodview Farm

London Rd

Amersham, HP7 9DH


£1.86/SF

25

Jan 2016

New Direct

£5.33/SFDanny Bond 1,8751 Springfield Rd

Chesham, HP5 1PW


26

Dec 2015

New Direct

£8.00/SF


Natural Stone Services Ltd 2,054Chilton Rd

Chesham, HP5 2AU


£3.17/SF

27

Dec 2015

New Direct

1,090

Hill Farm Stables

Forty Green

Beaconsfield, HP9 1XS


£0.66/SF

28

Nov 2015

New Direct

Oakeve Interiors 3,255White Lion Rd

Amersham, HP7 9JQ


£3.44/SF

29


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 8

-

NIA

Price per SF

Net Initial Yield

Days on Market

Sale Price to Asking Price Ratio

100.00%

-

-

-

-

-

-

-

-

-

100.00%

-

-

-

-

-

100.00%

-

-

-

-

-

100.00%

-

3

-

Price

For Sale & UC/Pending

Sold Transactions £315,000 £345,000 £345,000 £375,000 2


Sold Transactions 1,191 SF 2,153 SF 1,393 SF 3,876 SF

£264.48 £267.03 2

- -

£266.84 £269.20

- -

-

-


Sold Transactions


Sold Transactions


Sold Transactions

Sold Transactions

- - - -

-

-

2

Office

-

NIA

Price per SF

Net Initial Yield

Days on Market


-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

-

Price


Sold Transactions - - - - -



- -

- -

- -

- -

-

-


Sold Transactions


Sold Transactions


Sold Transactions

Sold Transactions

118 227 178 361

-

5

-

Light Industrial

Comps Statistics

CountHighMedianAverageLow

Quick Stats Report

This report in no way provides valuation advice.Copyrighted report licensed to Dixon Searle Partnership - 764070.

05/07/2018

Page 1

2

NIA

Price per SF

Net Initial Yield

Days on Market


91.96%

£300,000

980 SF

£125.18

-

34

£497,500

3,351 SF

£152.33

-

102

95.98%

£497,500

3,520 SF

£215.65

-

63

95.98%

£695,000

5,552 SF

£306.12

-

209

100.00%

3

7

2

Price


Sold Transactions £375,000 £1,096,333 £687,470 £2,943,059 6


Sold Transactions 750 SF 10,511 SF 4,650 SF 36,679 SF

£72.55 £103.53 6

- -

£90.40 £2,000.00

- -

-

-


Sold Transactions


Sold Transactions


Sold Transactions

Sold Transactions

65 388 146 952

3

3

2

Industrial

Total Included in Analysis:

Totals

Asking Price Total: Total For Sale Transactions:

Total Sales Volume: Total Sales Transactions:



Sold Transactions

£995,000

£7,267,999

£8,262,999 18

3

15

Survey Criteria

basic criteria: Type of Property - Industrial; Sale Date - 30/06/2015 - 05/07/2018; Sale Status - Under Offer,Sold, For Sale; Return and Search on Portfolio Sales as Individual Properties - Yes

geography criteria: Submarket - Chiltern (Buckinghamshire)


Quick Stats Report


05/07/2018

Page 2

1 Units 7 - 10 - Anglo Business Park, Unit 10 - Asheridge Rd FOR SALE

Chesham, HP5 2QA

Asking Price:

Net Initial Yield:

Days on Market:Price/SF:

63£125.18£695,000

Unit Type:Bldg Status:

NIA:

-

5,552 SF Industrial UnitBuilt 200718,255 SF

Buckinghamshire County

ActiveSale Status:

Owner/UserSale Type:

Sale Conditions: -

2 Units 7 - 10 - Industrial Unit, Unit 7 - Asheridge Rd SOLD

Chesham, HP5 2QA

Sale Date:

Reversionary Yield:

Price/SF:Sale Price:

Net Initial Yield:

£90.97£423,000 - Confirmed21/06/2016 (146 days on mkt) Unit Type:

Year Built/Age:NIA:

--

Confirmed

4,650 SF Industrial UnitBuilt 2007 Age: 94,650 SF


Research Status:Sale Conditions: -Comp ID: 3637362

3 Units 1 - 3 - Light Industrial Unit, Unit 3 - Asheridge Rd (Part of Multi-Unit) SOLD

Chesham, HP5 2QA

Sale Date:

Reversionary Yield:


Net Initial Yield:

--09/05/2016 (361 days on mkt) Unit Type:

Year Built/Age:NIA:

--

Research Complete

2,508 SF Light Industrial UnitBuilt 2005 Age: 102,508 SF



4 Units 1 - 3 - Light Industrial Unit, Unit 3 - Asheridge Rd (Part of Multi-Unit) SOLD

Chesham, HP5 2QA

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete




5 2 Asheridge Rd FOR SALE

Chesham, HP5 2PT

Asking Price:

Net Initial Yield:


34--

Bldg Type:Bldg Status:

NIA:

-

IndustrialServiceBuilt 19923,520 SF


ActiveSale Status:


Sale Conditions: -

6 Units 1 - 8 - Howard Industrial Estate - Chilton Rd (Part of Multi-Property) SOLD

Chesham, HP5 2AU

Sale Date:

Reversionary Yield:


Net Initial Yield:

£80.24£2,943,059 -21/06/2016 Bldg Type:

Year Built/Age:NIA:

--

IndustrialWarehouseBuilt 1984 Age: 3236,679 SF




05/07/2018

Page 3

7 Units 9 - 14 - Howard Industrial Estate - Chilton Rd (Part of Multi-Property) SOLD

Chesham, HP5 2AU

Sale Date:

Reversionary Yield:


Net Initial Yield:

£72.55£951,940 -21/06/2016 Bldg Type:

Year Built/Age:NIA:

--




8 Unit 7-8 - Earl Howe Rd SOLD

High Wycombe, HP15 6QT

Sale Date:

Reversionary Yield:


Net Initial Yield:

£92.53£385,000 - Confirmed05/10/2015 Bldg Type:

Year Built/Age:NIA:

--

Confirmed

IndustrialServiceBuilt 1970 Age: 454,161 SF



9 Units 27 - 33 - Industrial Unit, Unit 31 - Moor Rd SOLD

Chesham, HP5 1SD

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

4,175 SF Industrial UnitBuilt 2008 Age: 84,175 SF



10 11-16 - Office Unit, Unit 12 - Moor Rd SOLD

Chesham, HP5 1SD

Sale Date:

Reversionary Yield:


Net Initial Yield:

£269.20£375,000 - Confirmed01/03/2017 Unit Type:

Year Built/Age:NIA:

--

Confirmed

1,393 SF Office UnitBuilt 20171,393 SF




Chesham, HP5 1SD

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




12 Units 17 - 22 - Light Industrial Unit, Unit 19 - Moor Rd (Part of Multi-Unit) SOLD

Chesham, HP5 1SD

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete

3,584 SF Light Industrial UnitBuilt 20173,584 SF




05/07/2018

Page 4

13 Units 17 - 22 - Light Industrial Unit, Unit 18 - Moor Rd (Part of Multi-Unit) SOLD

Chesham, HP5 1SD

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete

3,652 SF Light Industrial UnitBuilt 20173,652 SF



14 11-16 - Office Unit, Unit 14-16 - Moor Rd SOLD

Chesham, HP5 1SD

Sale Date:

Reversionary Yield:


Net Initial Yield:

--16/12/2016 Unit Type:

Year Built/Age:NIA:

--

Research Complete




15 Unit 11 - Corinium Industrial Estate - Raans Rd SOLD

Amersham, HP6 6FB

Sale Date:

Reversionary Yield:


Net Initial Yield:

--28/12/2017 (65 days on mkt) Bldg Type:

Year Built/Age:NIA:

--

Research Complete




16 The Forge Garage - Silver Hl PENDING

Chalfont St Giles, HP8 4PY

Asking Price:

Net Initial Yield:


209£306.12£300,000


NIA:

-

IndustrialWarehouse

980 SF


PendingSale Status:


Sale Conditions: -

17 5A-5B - Light Industrial Unit, Unit 5B - Waterside SOLD

Chesham, HP5 1PE

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




18 Bendrose Farm - White Lion Rd SOLD

Amersham, HP7 9LN

Sale Date:

Reversionary Yield:


Net Initial Yield:

£2,000.00£1,500,000 - Confirmed01/11/2016 Bldg Type:

Year Built/Age:NIA:

--

Confirmed

IndustrialService-750 SF




05/07/2018

Page 5


Deals




23TOP 50 LEASE COMPARABLES

SUMMARY STATISTICS


Asking Rent Per SF




TI Allowance

Rent Free Months

51

44

24

32

-

14

£8.00

£10.00

£10.05

-53.0%

-

0

£19.05

£18.17

£18.06

4.4%

-

2

£18.50

£18.13

£17.78

4.0%

-

1

37.7%

-

6

£40.47

£34.29

£34.29


Months on Market

Deal Size

Lease Deal in Years

Floor Number

53

68

30

67

1

140

1.0

GRND

23

1,130

5.1

GRND

9

1,019

5.0

1 2

119

4,214

12.0


Page 1



Lease

Type

Rents

-1 Leywood House1,066 1st 01/06/2018 £24.39/fri Effective

47 Woodside RdNew

-2 White Lion Rd1,655 GRND 16/05/2018 £22.50/fri EffectiveNew

-3 Rapide Studios1,480 1st 11/05/2018 £21.50/fri Achieved

De Havilland CtNew

-4 Wheelers Yard972 1st 10/05/2018 £11.86/fri Effective

87 High StNew

-5 Chartridge Lodge1,150 GRND 28/03/2018 £19.56 Asking

Chartridge LnNew

-6 Orchard House840 1st 27/03/2018 £13.09/fri Achieved

Amersham RdNew

-7 Seymour House1,175 2nd 18/02/2018 £12.31/fri Asking

60 High StNew

-8 Target House1,138 1st 04/12/2017 £23.28 Asking

14 Hill AveNew

-9 Tower House550 GRND 01/12/2017 - -

Latimer RdRenewal

-10 Comet Studios1,200 GRND 01/12/2017 - -

Penn StRenewal

-7 Seymour House650 GRND 02/10/2017 £18.84/fri Achieved

60 High StNew

-11 Flint House & Flint Barn…735 1st 17/09/2017 £40.47/fri Asking

Church StNew

-12 67 High St202 1st 31/08/2017 £32.67 EffectiveNew

-12 67 High St140 1st 31/08/2017 £34.29 EffectiveNew

-13 1 Church St203 2nd 25/08/2017 £15.47 AskingNew

-14 Fairway House1,263 GRND 01/08/2017 £15.64 Effective

High StNew

-15 Denmark House312 2nd 01/07/2017 £28.85 Effective

143 High StNew

-16 Moor Rd1,375 GRND 25/06/2017 £14.14/fri EffectiveNew

-3 Rapide Studios1,287 1st 01/06/2017 £21.50 Achieved

De Havilland CtNew

-17 Bell Ln1,380 2nd 20/04/2017 £14.00/fri AskingNew

-18 Sycamore House1,150 1st 13/03/2017 £18.50/fri Asking

Woodside RdNew

-Sycamore House

1,310 1st 13/03/2017 £18.50 AchievedNew


Page 2

























Lease

Type

Rents

-18 Sycamore House1,310 1st 13/03/2017 £18.50 Achieved

Woodside RdNew

-19 91B High St175 GRND 01/03/2017 £25.71/fri EffectiveNew

-19 91B High St175 1st 01/03/2017 £25.71/fri EffectiveNew

-18 Sycamore House2,510 2nd 01/03/2017 £18.00/fri Effective

Woodside RdNew

-20 Unit 1D Chartridge Ln520 GRND 20/01/2017 £11.54/fri AskingNew

-21 42 Wycombe Rd257 GRND 09/01/2017 £24.00 AskingNew

-9 Tower House708 GRND 03/01/2017 £18.36/fri Effective

Latimer RdNew

-22 Building 34,214 1st 22/12/2016 £24.50/fri Asking

Chiltern HlNew

-23 36a High St650 1-2 20/12/2016 £8.46/iro AskingNew

-24 Berwyn House1,785 GRND,1 01/12/2016 £17.55/fri Effective

2-4 High StNew

-25 Technology House2,098 GRND,1 01/12/2016 £18.25/fri Achieved

2-4 High StNew

-26 2-4 High St2,270 GRND,1 21/11/2016 £17.55/fri EffectiveNew

-27 Overcroft House1,637 GRND 10/11/2016 £29.00/fri Effective

Church StNew

-28 Stone House185 1st 03/11/2016 £17.57/fri Achieved

12 High StNew

-29 7 Hill Ave390 1st 18/08/2016 - -New

-28 Stone House350 1st 01/08/2016 £10.00 Achieved

12 High StNew

-30 4 Market Sq145 GRND 01/08/2016 - -New

-31 Mosquito Studios1,278 GRND,1 25/07/2016 £21.58 Achieved

Penn StRenewal

-32 Station Rd3,436 GRND,1-2 21/07/2016 £16.32/fri EffectiveNew

-33 10 Hill Ave621 1st 01/07/2016 £15.00/fri AskingNew

-10 Comet Studios500 GRND 01/07/2016 £10.95 Achieved

Penn StRenewal


Page 3
























Lease

Type

Rents

-34 Woodside Walk500 GRND 16/06/2016 £14.40 Achieved

63-65 Woodside RdNew

-17 Bell Ln500 2nd 09/06/2016 £15.57 AchievedNew

-35 7C Hill Ave890 1st 25/05/2016 £14.94/fri EffectiveNew

-36 Link House2,090 1st 02/05/2016 £13.20/fri Effective

St Marys WayNew

-37 Asheridge Rd1,085 GRND,1 29/04/2016 £15.50/fri AchievedNew

-38 White Lion Rd3,772 GRND,1 27/04/2016 £22.00/fri EffectiveNew

-39 The Great Barn926 Unkwn 12/04/2016 £18.00/fri Achieved

Blackwell Hall LnNew

-3 Rapide Studios1,480 1st 05/04/2016 £19.95/iro Asking

Penn StNew


Page 4









Jun 2018

New Direct

£24.39/SF

5 Years £24.39/SF

Parkwood Healthcare Ltd 1,066

Leywood House

47 Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

1

Jun 2018

New Direct

£22.50/SF

10 Years £22.50/SFCharterhouse RGM Ltd

1,655White Lion Rd

Amersham, HP7 9JQ

Chiltern Submarket

£0.00/SF

2

May 2018

New Direct

£21.50/SF

CMS Developments Ltd

Hasselbad UK 1,480

Rapide Studios

Penn St

Amersham, HP7 0PX

Chiltern Submarket

3

May 2018

New Direct

£11.86/SF

3 Years £11.86/SF

Activ Business Solutions 972

Wheelers Yard

87 High St

Great Missenden, HP16 0AL

Chiltern Submarket

£5.11/SF

4

Apr 2018

New Direct

1,150

Chartridge Lodge

Chartridge Ln

Chesham, HP5 2TU

Chiltern Submarket

5

Mar 2018

New Direct

£13.09/SF840

Orchard House

Amersham Rd

Chesham, HP5 1NE

Chiltern Submarket

£4.26/SF

6


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 5

Mar 2018

New DirectCooper Chen

1,175

Seymour House

60 High St

Chesham, HP5 1EP

Chiltern Submarket

£2.27/SF

7

Jan 2018

New DirectRaans Estates Ltd

1,138

Target House

12-14 Hill Ave

Amersham, HP6 5BW

Chiltern Submarket

£6.86/SF

8

Oct 2017

Renewal 1 YearDove Property

Canon House Properties Ltd 550

Tower House

Latimer Rd

Chesham, HP5 1TU

Chiltern Submarket

9

Dec 2017

Renewal 5 YearsCMS Developments Ltd

Boxrent Ltd 1,200

Comet Studios

Penn St

Amersham, HP7 0PX

Chiltern Submarket

10

Oct 2017

New Direct

£18.84/SF

Cooper Chen

Encounter Oil 650

Seymour House

60 High St

Chesham, HP5 1EP

Chiltern Submarket

£4.10/SF

11

Sep 2017

New Direct

735

Flint House & Flint Barn Court

Church St

Amersham, HP7 0DB

Chiltern Submarket

12


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 6

Aug 2017

New Direct

£32.67/SF

3 Years £32.67/SFJ Nuttall & W Matthews

DPA Sports Travel 20267 High St


Chiltern Submarket

Aug 2018…

13

Aug 2017

New Direct

£34.29/SF

3 Years £34.29/SFJ Nuttall & W Matthews

Hill & Jago Recruitment 14067 High St


Chiltern Submarket

Aug 2018…

14

Aug 2017 0 Mos

New Direct

20313 Market Sq

Amersham, HP7 0DF

Chiltern Submarket

£14.09/SF

15

Aug 2017

New Direct

£15.64/SF

5 Years £15.64/SF

Paythrough Ltd 1,263

Fairway House

High St

Great Missenden, HP16 0AN

Chiltern Submarket

Jul 2020

£6.10/SF

16

Jul 2017

New Direct

£28.85/SF

3 Years £28.85/SF

Spec2003 Ltd 312

Denmark House

143 High St

Gerrards Cross, SL9 9QL

Chiltern Submarket

£6.29/SF

17

Jul 2017 3 Mos at Start

New Direct

£15.00/SF

5 Years £14.14/SFHillview Developments (Chesham)…

Auntie Anne's 1,375Moor Rd

Chesham, HP5 1SB

Chiltern Submarket

Jul 2020

£6.33/SF

18


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 7

Jul 2017

New Direct

£21.50/SF


Worry and Peace 1,287

Rapide Studios

Penn St

Amersham, HP7 0PX

Chiltern Submarket

19

May 2017

New Direct

1,380Bell Ln

Amersham, HP6 6GL

Chiltern Submarket

£8.23/SF

20

Mar 2017

New DirectSorbon Estates Ltd

Alco Glass Systems Ltd 1,150

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

21

Mar 2017

New

£18.50/SF

Sorbon Estates Ltd

P W White and Partners Ltd 1,310

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

22

Mar 2017

New Direct

£25.71/SF

5 Years £25.71/SF

Emma Lou 17591B High St

Amersham, HP7 0DT

Chiltern Submarket

£5.07/SF

23

Mar 2017

New Direct

£25.71/SF

5 Years £25.71/SF

Emma Lou 17591B High St

Amersham, HP7 0DT

Chiltern Submarket

£5.52/SF

24


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 8

Mar 2017

New Direct

£18.00/SF

10 Years £18.00/SFSorbon Estates Ltd

Deswik Ltd 2,510

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

25

Jan 2017

New Direct

520Chartridge Ln

Chesham, HP5 2SH

Chiltern Submarket

26

Jan 2017

New Direct 1 Year

Sage Contracting Ltd 25742 Wycombe Rd

High Wycombe, HP15 6RY

Chiltern Submarket

£10.55/SF

27

Jan 2017

New Direct

£18.36/SF

5 Years £18.36/SF

Cavendish Group 708

Tower House

Latimer Rd

Chesham, HP5 1TU

Chiltern Submarket

£8.25/SF

28

Feb 2017

New DirectRWS Group plc

Bahlsen Biscuits 4,214

Building 3

Chiltern Hl

Gerrards Cross, SL9 9TR

Chiltern Submarket

£6.40/SF

29

Dec 2016

New Direct

65036 High St

Chesham, HP5 1EP

Chiltern Submarket

£8.26/SF

30


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 9

Dec 2016 2 Mos at Start

New Direct

£18.25/SF

5 Years £17.55/SF

Reference Point 1,785

Berwyn House

2-4 High St

Gerrards Cross, SL9 9QA

Chiltern Submarket

Nov 2019

31


New Direct

£18.25/SF

5 Years

Reference Point 2,098

Technology House

2-4 High St


Chiltern Submarket

32


New Direct

£18.25/SF

5 Years £17.55/SFVitec Group plc

Reference Point Ltd 2,2702-4 High St

Chalfont St Peter, SL9 9QA

Chiltern Submarket

Dec 2019

£7.55/SF

33

Nov 2016 0 Mos

New Direct

£29.00/SF

5 Years £29.00/SFRentco Nationwide Ltd

Reality Check Systems Ltd 1,637

Overcroft House

Church St

Amersham, HP7 0DD

Chiltern Submarket

Nov 2019

£8.17/SF

34

Nov 2016

New Direct

£17.57/SF

Rustley Investment Ltd

Netsyp Ltd 185

Stone House

12 High St

Chalfont St Giles, HP8 4QA

Chiltern Submarket

£7.33/SF

35

Aug 2016

New Direct 5 YearsMargaret Avgousti

Darren Tyson 3907 Hill Ave

Amersham, HP6 5BG

Chiltern Submarket

36


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 10

Aug 2016

New

£10.00/SF

Rustley Investment Ltd

Cartmell and Co Solicitors 350

Stone House

12 High St

Chalfont St Giles, HP8 4QA

Chiltern Submarket

37

Aug 2016

New Sublease Month-To-MonthStocker Hocknell Ltd

1454 Market Sq

Amersham, HP7 0DQ

Chiltern Submarket

38

Jul 2016

Renewal Direct

£21.58/SF


Urban Media 1,278

Mosquito Studios

Penn St

Amersham, HP7 0PX

Chiltern Submarket

39


New Direct

£17.46/SF

10 Years £16.32/SFHale Investments Ltd

Ash Mill Developments 3,436152-158 Station Rd

Amersham, HP6 5DW

Chiltern Submarket

Jul 2021

Jul 2021£7.96/SF

40

Jul 2016

New Direct

Karter Developments Ltd 62110 Hill Ave

Amersham, HP6 5BW

Chiltern Submarket

£8.65/SF

41

Jul 2016

Renewal Direct

£10.95/SF


Worry & Peace 500

Comet Studios

Penn St

Amersham, HP7 0PX

Chiltern Submarket

42


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 11

Jun 2016

New Direct

£14.40/SFMr Neil Ward 500

Woodside Walk

63-65 Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

43

Jun 2016

New Direct

£15.57/SFTurk Transport Ltd 500Bell Ln

Amersham, HP6 6GL

Chiltern Submarket

44

May 2016

New Direct

£14.94/SF

5 Years £14.94/SFFell Stream Ltd

Jonathan Davies 8907C Hill Ave

Amersham, HP6 5BD

Chiltern Submarket

£5.10/SF

45

May 2016 Spread OverTe…New Direct

£14.00/SF

5 Years £13.20/SFThe Tannen Group

Manchester Underwriting Manage… 2,090

Link House

St Marys Way

Chesham, HP5 1HR

Chiltern Submarket

46

Apr 2016

New Direct

£15.50/SF

Hansteen Holdings plc

Dreamflight 1,085Asheridge Rd

Chesham, HP5 2PY

Chiltern Submarket

47

Apr 2016

New Direct

£22.00/SF

10 Years £22.00/SFMayfair Capital Investment Manag…

Ceva Animal Health Ltd 3,772White Lion Rd

Amersham, HP7 9JD

Chiltern Submarket

£6.50/SF

48


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 12

Apr 2016

New Direct

£18.00/SF

Mr & Mrs D. Briggs

Provider Support Services Ltd 926

The Great Barn

Blackwell Hall Ln

Chesham, HP5 1TN

Chiltern Submarket

£4.22/SF

49

Sep 2016

New DirectCMS Developments Ltd

MacLand Surveyors 1,480

Rapide Studios

Penn St

Amersham, HP7 0PX

Chiltern Submarket

50

Apr 2016

New DirectSuitcrown Ltd

Main Street Accountancy Solutions… 672

Wright''s House

102-104 High St

Great Missenden, HP16 0BE

Chiltern Submarket

£5.28/SF

51

Apr 2016 3 Mos at Start

New Direct

£16.50/SF

3 Years £15.01/SF

First Friday Ltd 1,100

Fairway House

High St


Chiltern Submarket

£6.05/SF

52

Apr 2016

New Direct

£25.00/SF


CMS Developments Ltd 540

Comet Studios

Penn St

Amersham, HP7 0PX

Chiltern Submarket

£8.01/SF

53

Feb 2016

New Direct

£12.00/SFResults Health & Performance 1,075

Community Hall

School Ln

Beaconsfield, HP9 2QJ

Chiltern Submarket

£2.43/SF

54


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 13

Jan 2016

New Direct

£25.00/SF162

Tower House

Latimer Rd

Chesham, HP5 1TU

Chiltern Submarket

55

Dec 2015

New DirectMerritts Properties Ltd

Blaser Mills LLP 3,942

Chalfont Court

5 Hill Ave

Amersham, HP6 5BB

Chiltern Submarket

£6.34/SF

56

Dec 2015

Direct

£14.00/SF

5 Years £14.00/SFThe Tannen Group

Seabrook Architects LLP 1,880

Link House

St Marys Way

Chesham, HP5 1HR

Chiltern Submarket

57

Nov 2015

New Direct

£14.00/SF

3 Years £14.00/SF

793

Lancer House

East St

Chesham, HP5 1DG

Chiltern Submarket

£5.12/SF

58

Nov 2015

New DirectMr Carnt

735

Power House

Higham Mead

Chesham, HP5 2AH

Chiltern Submarket

59

Nov 2015

New Direct

£17.50/SF

AMP Capital

Roald Dahl's Marvellous Childrens… 2,603

Montague House

23 Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

60


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 14

Oct 2015

New Direct

£15.50/SF


Specialised Canvas Services Ltd 1,388Asheridge Rd

Chesham, HP5 2PY

Chiltern Submarket

61

Oct 2015 0 Mos

New Direct

£10.00/SF

2 Years £10.05/SF

1,157

Seymour House

60 High St

Chesham, HP5 1EP

Chiltern Submarket

62

Sep 2015

New DirectHansteen Holdings plc

Rack People 250Asheridge Rd

Chesham, HP5 2PY

Chiltern Submarket

63

Sep 2015

New Direct

£21.00/SF


Rack People 678Asheridge Rd

Chesham, HP5 2PY

Chiltern Submarket

64

Oct 2015

New Direct 12 Years

Ridgepoint Homes Ltd 1,122

Seymour House

60 High St

Chesham, HP5 1EP

Chiltern Submarket

65

Aug 2015

New DirectHansteen Holdings plc

RCB Logic Ltd 280Asheridge Rd

Chesham, HP5 2PY

Chiltern Submarket

66


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 15

Sep 2015 0 Mos

New Direct

£18.56/SF

5 Years £18.56/SFVitec Group plc

Aztec Screeding Ltd 1,6702-4 High St


Chiltern Submarket

Aug 2018

67

Jul 2015

New Direct

421

Orchard House

Amersham Rd

Chesham, HP5 1NE

Chiltern Submarket

68


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 16

10

NIA

Price per SF

Net Initial Yield

Days on Market


91.67%

£155,000

750 SF

£185.00

-

62

£1,127,930

4,595 SF

£236.33

-

204

99.21%

£781,050

2,821 SF

£259.97

-

216

100.00%

£5,200,000

25,946 SF

£310.10

-

468

107.69%

11

37

10

Price





£51.65 £204.00 26

5.75% 5.98%

£173.49 £670.50

5.96% 6.23%

-

3


Sold Transactions


Sold Transactions


Sold Transactions

Sold Transactions

7 410 341 1,111

11

15

9


Totals





Sold Transactions

£11,279,300

£33,816,136

£45,095,436 48

11

37

Survey Criteria

basic criteria: Type of Property - Office; Sale Date - 30/06/2015 - 05/07/2018; Sale Status - Under Offer, Sold,For Sale; Return and Search on Portfolio Sales as Individual Properties - Yes


Comps Statistics


Quick Stats Report


05/07/2018

Page 1

1 4 Chalfont Park - Amersham Rd PENDING

Gerrards Cross, SL9 0DZ

Asking Price:

Net Initial Yield:


468£200.42£5,200,000


NIA:

-

Office

25,946 SF


PendingSale Status:


Sale Conditions: -

2 Solar House - Amersham Rd SOLD

Chesham, HP5 1NG

Sale Date:

Reversionary Yield:


Net Initial Yield:

£100.04£570,000 - Confirmed01/09/2015 (1,111 days on mkt) Bldg Type:

Year Built/Age:NIA:

--

Confirmed

OfficeBuilt 1933 Age: 815,698 SF



3 Units 3-6 - Chiltern Court, Unit 5-6 - Asheridge Rd FOR SALE

Chesham, HP5 2PX

Asking Price:

Net Initial Yield:


160£259.99£1,425,000


NIA:

-



ActiveSale Status:


Sale Conditions: -

4 Units 3-6 - Chiltern Court - Asheridge Rd (Part of Portfolio) SOLD

Chesham, HP5 2PX

Sale Date:

Reversionary Yield:


Net Initial Yield:

£81.61£894,951 - Research Complete01/08/2017 Bldg Type:

Year Built/Age:NIA:

--

Research Complete



Research Status:Sale Conditions: Bulk/Portfolio Sale, Condo Conversion ...Comp ID: 3981323

5 Units 7-9 - Chiltern Court, Unit 8 - Asheridge Rd FOR SALE

Chesham, HP5 2PX

Asking Price:

Net Initial Yield:


160£259.94£536,000


NIA:

-



ActiveSale Status:


Sale Conditions: -


Chesham, HP5 2PY

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete





05/07/2018

Page 2


Chesham, HP5 2PX

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete





Chesham, HP5 2PX

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete





Chesham, HP5 2PY

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete





Chesham, HP5 2PX

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete




11 Units 1-5 - Office Unit, Unit 5 - 17 Asheridge Rd (Part of Multi-Unit) SOLD

Chesham, HP5 2PY

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

310 SF Office UnitBuilt 2009 Age: 6310 SF




Chesham, HP5 2PY

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--





05/07/2018

Page 3


Chesham, HP5 2PY

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--




14 247-249 Berkhampstead Rd SOLD

Chesham, HP5 3AS

Sale Date:

Reversionary Yield:


Net Initial Yield:

£159.51£427,500 - Confirmed27/10/2015 (118 days on mkt) Bldg Type:

Year Built/Age:NIA:

--

Confirmed




15 Mandeville House - 62 Broadway SOLD

Amersham, HP7 0HJ

Sale Date:

Reversionary Yield:


Net Initial Yield:

£315.13£3,000,000 - Confirmed15/02/2018 Bldg Type:

Year Built/Age:NIA:

-6.23%

Confirmed




16 Chalfont Park House - Chalfont Park SOLD

Gerrards Cross, SL9 0DZ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




17 Former St John Ambulance Centre - Chichester Row PENDING

Amersham, HP6 5AR

Asking Price:

Net Initial Yield:


395£310.10£525,000


NIA:

-

OfficeMedicalBuilt 19601,693 SF


PendingSale Status:


Sale Conditions: -

18 Chesham''s Former School - East St SOLD

Chesham, HP5 1DG

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed



Research Status:Sale Conditions: Redevelopment ProjectComp ID: 3394596


05/07/2018

Page 4

19 Lancer House - East St PENDING

Chesham, HP5 1DG

Asking Price:

Net Initial Yield:


227--


NIA:

-

OfficeBuilt 19902,821 SF


PendingSale Status:


Sale Conditions: -

20 35-35a Hazlemere Rd SOLD

High Wycombe, HP10 8AD

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete




21 Office Unit, Unit 1-3 - 1-3 High St (Part of Multi-Unit) SOLD

Chalfont St Peter, SL9 9QE

Sale Date:

Reversionary Yield:


Net Initial Yield:

--31/03/2016 Unit Type:

Year Built/Age:NIA:

--

Research Complete

3,131 SF Office UnitBuilt 1990 Age: 263,131 SF



22 Office Unit, Unit s A & B - 1-3 High St (Part of Multi-Unit) SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:

--31/03/2016 Unit Type:

Year Built/Age:NIA:

--

Research Complete




23 Office Unit, Unit s C & D - 1-3 High St (Part of Multi-Unit) SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:

--31/03/2016 Unit Type:

Year Built/Age:NIA:

--

Research Complete




24 2-4 High St SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-5.75%

Confirmed

OfficeBuilt 1993 Renov 2014 Age: 239,994 SF




05/07/2018

Page 5

25 130-132 High St SOLD

Chesham, HP5 1EF

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




26 The Barn - 163 High St SOLD

Amersham, HP7 0EB

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

OfficeBuilt 1860 Age: 157261 SF



27 Power House, Unit 4 - Higham Mead PENDING

Chesham, HP5 2AH

Asking Price:

Net Initial Yield:


62£185.00£185,000


NIA:

-



PendingSale Status:


Sale Conditions: -

28 Power House, Unit 1 - Higham Mead FOR SALE

Chesham, HP5 2AH

Asking Price:

Net Initial Yield:


63£202.31£175,000


NIA:

-

865 SF Office UnitBuilt 191113,297 SF


ActiveSale Status:


Sale Conditions: -

29 Power House, Unit 5 - Higham Mead FOR SALE

Chesham, HP5 2AH

Asking Price:

Net Initial Yield:


62£206.67£155,000


NIA:

-



ActiveSale Status:


Sale Conditions: -

30 Chalfont Court - 5 Hill Ave SOLD

Amersham, HP6 5BB

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed





05/07/2018

Page 6

31 10 Hill Ave SOLD

Amersham, HP6 5BW

Sale Date:

Reversionary Yield:


Net Initial Yield:

£303.21£1,000,000 - Approximate01/10/2015 (371 days on mkt) Bldg Type:

Year Built/Age:NIA:

--

Approximate




32 Target House - 12-14 Hill Ave SOLD

Amersham, HP6 5BW

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed





Chesham, HP5 1SD

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed





Chesham, HP5 1SD

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




35 11-16 - Office Unit, Unit 14-16 - Moor Rd SOLD

Chesham, HP5 1SD

Sale Date:

Reversionary Yield:


Net Initial Yield:

--16/12/2016 Unit Type:

Year Built/Age:NIA:

--

Research Complete




36 Nashleigh Court - 188 Severalls Ave SOLD

Chesham, HP5 3EN

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-5.96%

Confirmed





05/07/2018

Page 7

37 Bridge House - 39 Station Appr SOLD

Great Missenden, HP16 9AZ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




38 Media House - The Backs SOLD

Chesham, HP5 1DU

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed



Research Status:Sale Conditions: Condo Conversion, High Vacancy Property ...Comp ID: 3837676

39 7A-7B - Office Unit, Unit 7a - Waterside SOLD

Chesham, HP5 1PE

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




40 Latimer House - White Lion Rd SOLD

Amersham, HP7 9JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




41 Units 4 - 7 - Anglo Office Park - White Lion Rd (Part of Portfolio) SOLD

Amersham, HP7 9JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:

£368.30£4,876,351 - Research Complete01/10/2017 (93 days on mkt) Bldg Type:

Year Built/Age:NIA:

--

Research Complete



Research Status:Sale Conditions: Bulk/Portfolio SaleComp ID: 4143690

42 Units 4 - 7 - Anglo Office Park, Unit 5 - White Lion Rd FOR SALE

Amersham, HP7 9JQ

Asking Price:

Net Initial Yield:


216£310.00£1,026,100


NIA:

-



ActiveSale Status:


Sale Conditions: -


05/07/2018

Page 8


Amersham, HP7 9JQ

Asking Price:

Net Initial Yield:


216£310.00£1,026,100


NIA:

-



ActiveSale Status:


Sale Conditions: -


Amersham, HP7 9JQ

Asking Price:

Net Initial Yield:


216£310.00£1,026,100


NIA:

-



ActiveSale Status:


Sale Conditions: -

45 Units 1 - 3 - Anglo Office Park - White Lion Rd (Part of Portfolio) SOLD

Amersham, HP7 9JD

Sale Date:

Reversionary Yield:


Net Initial Yield:

£51.65£583,648 - Research Complete01/10/2017 (93 days on mkt) Bldg Type:

Year Built/Age:NIA:

--

Research Complete




46 Units 4 - 7 - Office Unit, Unit 4 - White Lion Rd SOLD

Amersham, HP7 9JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

In Progress




47 Burton House, Unit 1 - White Lion Rd (Part of Multi-Unit) SOLD

Amersham, HP7 9LP

Sale Date:

Reversionary Yield:


Net Initial Yield:

--27/05/2016 Unit Type:

Year Built/Age:NIA:

--

Research Complete




48 Burton House, Unit 1 - White Lion Rd (Part of Multi-Unit) SOLD

Amersham, HP7 9LP

Sale Date:

Reversionary Yield:


Net Initial Yield:

--27/05/2016 Unit Type:

Year Built/Age:NIA:

--

Research Complete





05/07/2018

Page 9


Deals





SUMMARY STATISTICS


Asking Rent Per SF




TI Allowance

Rent Free Months

69

50

27

41

-

33

£6.57

£7.71

£9.01

-75.3%

-

0

£23.10

£22.66

£22.93

3.8%

-

3

£26.69

£24.15

£24.75

5.9%

-

3

61.6%

-

7

£83.46

£70.97

£70.97


Months on Market

Deal Size

Lease Deal in Years

Floor Number

69

80

48

78

0

160

1.5

BSMT

12

945

8.9

GRND

7

696

10.0

GRND 2

68

8,370

20.0


Page 1



Lease

Type

Rents

-1 St Peters Court724 GRND 10/05/2018 £30.39/fri Asking

High StNew

-1 St Peters Court690 GRND 04/05/2018 £31.88/fri Achieved

High StNew

-2 15 Market Sq566 GRND 16/03/2018 £26.50 AskingNew

-3 97-99 High St3,162 GRND 11/03/2018 £9.01/fri EffectiveNew

-4 67 High St258 GRND 26/02/2018 £54.26 AskingNew

-5 74-74a The Broadway513 GRND 06/02/2018 £19.49/fri EffectiveNew

-6 33 The Broadway310 GRND 29/11/2017 £70.97 EffectiveNew

-7 7 White Hl613 GRND 10/11/2017 £27.73/fri EffectiveNew

-8 29 Hill Ave981 GRND 01/11/2017 £9.79 AchievedNew

-9 4 Hill Ave556 GRND 29/09/2017 £33.72/fri EffectiveNew

-10 17 Market Pl538 GRND 21/09/2017 £27.88/fri AskingRenewal

-11 31 Woodside Rd527 GRND 01/09/2017 £23.72/fri EffectiveNew

-12 109B High St230 GRND 25/08/2017 £27.17/fri EffectiveNew

-13 Sycamore House651 GRND 01/08/2017 £26.88/fri Effective

5 Woodside RdNew


7 Woodside RdNew


104 Sycamore RdNew

-14 67 Woodside Rd624 GRND 31/07/2017 £23.24/fri EffectiveNew

-13 Sycamore House703 GRND 14/06/2017 £28.45/fri Asking

3 Woodside RdNew

-15 13 Market Sq576 GRND 01/06/2017 £45.14 AskingNew

-1 St Peters Court1,555 GRND 07/05/2017 £25.72/fri Effective

High StNew

-16 30 High St808 GRND 22/03/2017 £24.75/fri EffectiveNew

-2 Whielden St

847 GRND 20/03/2017 £45.68/fri EffectiveNew


Page 2

























Lease

Type

Rents

-17 2 Whielden St847 GRND 20/03/2017 £45.68/fri EffectiveNew

-18 The White House531 GRND 01/02/2017 £30.13/fri Effective

Market Pl @ High StreetNew

-19 1 Broad St630 GRND 02/12/2016 £17.44/fri EffectiveNew

-20 16 Market Pl1,329 GRND 30/11/2016 £18.81 AskingNew

-21 76 High St996 GRND 09/11/2016 £13.05/fri AskingNew

-22 90 Broad St286 GRND 04/11/2016 £25.43/fri EffectiveNew

-23 107 White Lion Rd445 GRND 25/10/2016 £26.97/fri EffectiveNew

-24 76 Sycamore Rd1,085 GRND 03/10/2016 £62.21/fri AchievedNew

-25 10 Sycamore Rd2,193 GRND 01/10/2016 £27.44/fri EffectiveNew

-26 Market Pl @ High Street2,449 GRND 01/07/2016 £16.33/fri EffectiveNew

-27 Chalfont Station Garage311 GRND 18/06/2016 £31.10/fri Effective

2 Station ApproachNew


-29 63 High St1,160 GRND 31/03/2016 £17.24/fri EffectiveNew


-31 85-87 Sycamore Rd772 GRND 01/03/2016 £43.39/fri AskingNew

-32 105 Sycamore Rd591 GRND 01/03/2016 £27.07 AskingNew

-33 28 High St1,641 BSMT,G… 15/01/2016 £18.28 AskingNew

-13 Sycamore House667 GRND 22/12/2015 £26.99/fri Asking

106 Sycamore RdNew



-35 Maple House580 GRND 30/11/2015 £27.59 Asking

53 Woodside RdNew


Page 3
























Lease

Type

Rents

-36 11 The Broadway711 GRND,1 10/11/2015 £49.23/fri AskingNew

-13 Sycamore House1,350 GRND 23/10/2015 £19.26/fri Asking

100 Sycamore RdNew

-37 2 The Broadway954 GRND 23/09/2015 £20.44/fri EffectiveNew

-38 1 High St1,736 GRND 11/08/2015 £14.40 AchievedNew

-4 67 High St257 GRND 31/07/2015 £56.42 AskingNew

-39 63-65 Hill Ave3,120 GRND 31/07/2015 £20.73 EffectiveNew

-40 84 Broad St370 Unkwn 01/07/2015 - -New

-41 5 Greenway Parade1,168 GRND 01/07/2015 £7.71 AchievedNew


Page 4









May 2018

New DirectLondon & District Investments Ltd

724

St Peters Court

High St

Chalfont St Peter, SL9 9QQ

Chiltern Submarket

£7,395 PA

1

May 2018

New Direct

£22,000 PA

5 YearsLondon & District Investments Ltd

Mrs Pamela March 690

St Peters Court

High St


Chiltern Submarket

2

Apr 2018

New Direct

56615 Market Sq

Chesham, HP5 1HG

Chiltern Submarket

£3,540 PA

3

Apr 2018 Spread OverTe…New Direct

£28,500 PA

10 Years £28,500 PAWaitrose

Wed2B 3,16297-99 High St

Chesham, HP5 1DE

Chiltern Submarket

£17,359 PA

4

Mar 2018

New DirectWestleigh Properties Ltd

25867 High St

Amersham, HP7 0DT

Chiltern Submarket

£3,355 PA

5

Jan 2010

New

£10,000 PA

£10,000 PAMr R. Walker

Brown Sugar 51374-74a The Broadway

Chesham, HP5 1EG

Chiltern Submarket

Dec 2015…

6


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 5

Nov 2017

New Direct

£22,000 PA

£22,000 PA

31033 The Broadway

Amersham, HP7 0HL

Chiltern Submarket

£7,620 PA

7

Nov 2017

New Direct

£17,000 PA

15 Years £17,000 PAParadigm Homes CharitableHouse…

Mr Amarpreet Singh Malhotra 6131-15 White Hl

Chesham, HP5 1AB

Chiltern Submarket

£3,678 PA

8

Nov 2017

New Direct

£9,600 PAWinser London 98129 Hill Ave

Amersham, HP6 5BX

Chiltern Submarket

£8,742 PA

9

Sep 2017

New Direct

£18,750 PA

5 Years £18,750 PAMargaret Avgousti

Adele Kelly 5564 Hill Ave

Amersham, HP6 5BG

Chiltern Submarket

Sep 2018

£5,928 PA

10

Sep 2017

Renewal Directmason Properties

Activity Chest 53817 Market Pl

Chalfont St Peter, SL9 9EA

Chiltern Submarket

£6,656 PA

11

Sep 2017 0 Mos

New Direct

£12,500 PA

3 Years £12,500 PA

52731 Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

£3,914 PA

12


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 6

Aug 2017 0 Mos

New Direct

£6,250 PA

5 Years £6,250 PA

230109B High St

Chesham, HP5 1DE

Chiltern Submarket

13

Aug 2017 0 Mos

New Direct

£17,500 PA

10 Years £17,500 PASorbon Estates Ltd

Cool Contours Ltd 651

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

Aug 2022

Aug 2022£7,065 PA

14

Aug 2017

New Assignment

£17,000 PA

5 Years £17,000 PASorbon Estates Ltd

720

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

15

Jul 2017 0 Mos

New Direct

£14,500 PA

15 Years £14,500 PA

J Brown Funeral Services Ltd 62467 Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

£3,728 PA

16

Jul 2017

New Direct

£20,000 PA

4 Years 6 Months £20,000 PASorbon Estates Ltd

Mr Kalam 975

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

17

Jun 2017


703

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

£7,381 PA

18


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 7

Jun 2017

New Direct

57613 Market Sq

Amersham, HP7 0DF

Chiltern Submarket

£7,595 PA

19

Jun 2017

New Direct

£40,000 PA

15 Years £40,000 PALondon & District Investments Ltd

Costa 1,555

St Peters Court

High St


Chiltern Submarket

£15,863 PA

20

Mar 2017

New Direct

£20,000 PA

15 Years £20,000 PASheet Anchor Evolve (London) Ltd

80830 High St

Great Missenden, HP16 0AU

Chiltern Submarket

£4,523 PA

21


New Direct

£40,000 PA

10 Years £38,690 PAId Estates Ltd

Jigsaw 8472 Whielden St

Amersham, HP7 0HT

Chiltern Submarket

Mar 2022

£7,380 PA

22

Feb 2017 0 Mos

New Direct

£16,000 PA

15 Years £16,000 PABelforth Developments

Mr Aiden Dorey 531

The White House

Market Pl @ High Street

Chalfont St Peter, SL9 9HE

Chiltern Submarket

Jan 2022£7,623 PA

23


New Direct

£11,750 PA

10 Years £10,986 PA

Robsons Estate Agents Ltd 6301-9 Broad St

Chesham, HP5 3DY

Chiltern Submarket

Dec 2021

Dec 2021£4,092 PA

24


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 8

Nov 2016

New Direct

Cheif Zhu 1,32916 Market Pl

Gerrards Cross, SL9 9EA

Chiltern Submarket

£7,744 PA

25

Dec 2016

New DirectTesco plc

White Lace and Butterflies 99676 High St


Chiltern Submarket

£4,240 PA

26

Nov 2016 1 Mo at Start

New Direct

£7,500 PA

3 Years £7,273 PA

Evo Self Ltd 28690 Broad St

Chesham, HP5 3ED

Chiltern Submarket

27

Oct 2016

New Direct

£12,000 PA

10 Years £12,000 PA

The Biltong Shop 445107 White Lion Rd

Amersham, HP7 9JR

Chiltern Submarket

Oct 2020

Oct 2021£2,187 PA

28

May 2018

New Direct

£67,500 PA

10 YearsLondon Shop Property Trust plc

Magnet 1,08572-86 Sycamore Rd

Amersham, HP6 5DR

Chiltern Submarket

£10,897 PA

29


New Direct

£67,500 PA

10 Years £65,290 PACo-operative Group Estates Servic…

Magnet Ltd 2,19310 Sycamore Rd

Amersham, HP6 5DR

Chiltern Submarket

Aug 2021

30


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 9

Jul 2016 0 Mos

New Direct

£40,000 PA

10 Years £40,000 PA

Savers 2,449Market Pl @ High Street


Chiltern Submarket

Jun 2021

Jun 2021£18,241 PA

31

Aug 2016 3 Mos at Start

New Direct

£10,000 PA

10 Years £9,673 PATransport for London

S Kokak 311

Chalfont Station Garage

2-3 Station Approach

Amersham, HP7 9PR

Chiltern Submarket

Aug 2021£3,024 PA

32

Apr 2016

New DirectSms (Uk) Ltd

Lulu & Moon 32621 High St

Chalfont St Giles, HP8 4QH

Chiltern Submarket

£2,465 PA

33


New Direct

£16,000 PA

10 Years £15,476 PA

Top Nail 72011 High St

Chesham, HP5 1BG

Chiltern Submarket

Mar 2021

34

Apr 2016 0 Mos

New Direct

£20,000 PA

5 Years £20,000 PA

Mr A Bezrak & Mrs R Todorowska-… 1,16063 High St

Chesham, HP5 1BX

Chiltern Submarket

£7,080 PA

35

Apr 2016 0 Mos

New Direct

77285-87 Sycamore Rd

Amersham, HP6 5EJ

Chiltern Submarket

£8,797 PA

36


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 10

Mar 2016

New DirectLeywood Estates Ltd

Timber Windows and Doors 591105 Sycamore Rd

Amersham, HP6 5EJ

Chiltern Submarket

£5,793 PA

37

Feb 2016

New DirectSheet Anchor Evolve (London) Ltd

Hamptons International 1,64128 High St

Great Missenden, HP16 0AU

Chiltern Submarket

£5,670 PA

38

Dec 2015

New Direct 10 YearsSorbon Estates Ltd

667

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

£8,314 PA

39

Jan 2016

New Direct

£22,000 PA

2 Years 11 Months £22,001 PA

31033 The Broadway

Amersham, HP7 0HL

Chiltern Submarket

£7,420 PA

40

Dec 2015 0 Mos

New Direct

£16,500 PA

5 Years £16,500 PA

Rennie Grove Hospice Care 830116-116A High St

Chesham, HP5 1EB

Chiltern Submarket

41

Nov 2015

New DirectMichael Shanly Group Ltd

Lisa's Beauty Spot Ltd 580

Maple House

53-55 Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

£5,520 PA

42


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 11

Nov 2015

New Direct

Odette Lingerie Ltd 71111 The Broadway

Amersham, HP7 0HL

Chiltern Submarket

£3,431 PA

43

Oct 2015

New Direct 6 Years 3 MonthsSorbon Estates Ltd

Red Squirrell 1,350

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

£9,093 PA

44

Sep 2015

New Direct

£19,500 PA

5 Years £19,500 PAMalver Ltd

Rennie Grove Hospice Care 9542 The Broadway

Gerrards Cross, SL9 9DX

Chiltern Submarket

£7,536 PA

45

Aug 2015 Spread OverTe…New Direct

£25,000 PA

10 YearsBelmine Limited

Sevenoaks Sound & Vision Ltd 1,7361-3 High St


Chiltern Submarket

Aug 2015

Aug 2015

46

Jul 2015

New Direct

Cote Restaurants Ltd 25767 High St

Amersham, HP7 0DT

Chiltern Submarket

£1,704 PA

47


New Direct

£67,500 PA

20 Years £64,678 PA

Loungers Ltd 3,12063-65 Hill Ave

Amersham, HP6 5BX

Chiltern Submarket

Jul 2020…

48


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 12

Jul 2015

New DirectMr Radcliffe

37084 Broad St

Chesham, HP5 3ED

Chiltern Submarket

49

Jul 2015

New Direct

£9,000 PATwilight 1,1685 Greenway Parade

Chesham, HP5 2DA

Chiltern Submarket

50

Jun 2015

New Direct

Met1 Creative Ltd 506

Church Lane House

Church Ln

Gerrards Cross, SL9 9RE

Chiltern Submarket

£2,402 PA

51

May 2015

New Direct

No 67 Ltd 18023A The Broadway

Amersham, HP7 0HL

Chiltern Submarket

£1,687 PA

52

Jun 2015 4 Mos at Start

New Direct

£18,600 PA

10 Years

1,54293 High St

Chesham, HP5 1DE

Chiltern Submarket

May 2020

53

Apr 2015 1 Mo at Start

New Direct

£13,500 PA

5 Years

K&D Barber Ltd 1,20233B High St

Chesham, HP5 1BW

Chiltern Submarket

Apr 2018

54


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 13

Apr 2015

New Direct

All About Rose Limited 89633 Station Approach

Great Missenden, HP16 9AZ

Chiltern Submarket

£4,945 PA

55

Mar 2015

New Direct

44291-93 Deanway

Chalfont St Giles, HP8 4LH

Chiltern Submarket

£868 PA

56

Mar 2015

New Direct

Unique Like You Limited 1,2934 Market Pl

Gerrards Cross, SL9 9EA

Chiltern Submarket

£7,200 PA

57

Feb 2015

New DirectMo Watts

539

Former Lloyds Pharmacy

High St


Chiltern Submarket

58

Feb 2015

New Direct

Scope 78017-19 Sycamore Rd

Amersham, HP6 5EQ

Chiltern Submarket

£10,845 PA

59

Jan 2015 3 Mos at Start

New Direct

£30,000 PA

12 YearsTransport for London

Church Garage Ltd 1,200164 Bellingdon Rd

Chesham, HP5 2HG

Chiltern Submarket

Jan 2018…

Jan 2018…

60


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 14

Jan 2015 6 Mos at Start

New Direct

£10,000 PA

6 Years

Michael French 320

Chalfont Station Garage

2-3 Station Approach

Amersham, HP7 9PR

Chiltern Submarket

Jan 2018…

Jan 2018…£5,652 PA

61

Nov 2014 3 Mos at Start

New Direct

£18,000 PA

15 Years

The Ottoman Groming Lounge 59293 Sycamore Rd

Amersham, HP6 5EJ

Chiltern Submarket

Nov 2024

Nov 2019…£6,475 PA

62

Oct 2014 0 Mos

New Direct

£13,500 PA

5 Years

Party Good Limited 8009 Market Sq

Chesham, HP5 1HG

Chiltern Submarket

Oct 2017

63

Oct 2014 0 Mos

New

£16,500 PA

5 Years

Blossom & Grey Ltd 1,32328 Bois Ln

Amersham, HP6 6BP

Chiltern Submarket

Oct 2016

64

Nov 2014

New Direct

1,05869 Hill Ave

Amersham, HP6 5BX

Chiltern Submarket

£6,123 PA

65


New Direct

£20,000 PA

10 Years

No. 67 Hair Salon 500

Forge End

The Broadway

Amersham, HP7 0JP

Chiltern Submarket

Sep 2019

Sep 2019£8,130 PA

66


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 15


New Direct

£20,000 PA

10 Years

St Giles Furniture Limited 75612 The Green

Chalfont St Giles, HP8 4QF

Chiltern Submarket

Sep 2017…

Sep 2019£5,770 PA

67

Sep 2014 Spread OverTe…New Direct

£14,500 PA

10 Years

Bluebell Dry Cleaners 63179 Sycamore Rd

Amersham, HP6 5EJ

Chiltern Submarket

Sep 2017

Sep 2014£7,418 PA

68


New Direct

£8,000 PA

10 YearsBruce Beckerley & Francesca Farr…

Daryl Bird & Stephen Cairns 50528 Market Pl

Gerrards Cross, SL9 9DU

Chiltern Submarket

Aug 2017

£2,555 PA

69

Jun 2014 Spread OverTe…New Direct

£8,000 PA

20 Years

Grigorian.co.uk Ltd 85088 Broad St

Chesham, HP5 3ED

Chiltern Submarket

Jun 2017

Jun 2019£4,140 PA

70

May 2014 Spread OverTe…New Direct

£8,000 PA

5 YearsBruce Beckerley & Francesca Farr…

Marie Cavanagh 16028 Market Pl

Gerrards Cross, SL9 9DU

Chiltern Submarket

£2,699 PA

71

May 2014

Direct

43118A-18B Market Pl


Chiltern Submarket

72


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 16


New Direct

£24,000 PA

8 YearsSorbon Estates Ltd

Barracuda Cafe 974

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

Apr 2019£10,008 PA

73

Apr 2014

New Direct

The Grocer At 15 65915-17 The Broadway

Amersham, HP7 0HL

Chiltern Submarket

£13,895 PA

74

Feb 2014

New Direct

Ashley Green Service Station 8,370

Hilltop Garage

Ashley Green Rd

Chesham, HP5 3PG


75

Feb 2014 3 Mos at Start

New Direct

£16,000 PA

5 YearsSorbon Estates Ltd

The Curtain Mill 651

Sycamore House

Woodside Rd

Amersham, HP6 6AA

Chiltern Submarket

£7,065 PA

76

Dec 2013

Renewal Direct

£52,500 PA

10 Years

Costa Limited 1,56335-37 Sycamore Rd

Amersham, HP6 5EQ

Chiltern Submarket

Dec 2019

Dec 2018£18,840 PA

77

Nov 2013

New Direct

£12,000 PA

1 Year 6 Months

Karen Roberts 68054 Sycamore Rd

Amersham, HP6 5DR

Chiltern Submarket

£10,648 PA

78


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 17

Nov 2013

New Direct

43312 The Broadway

Amersham, HP7 0HP

Chiltern Submarket

£6,520 PA

79


£21,000 PA

10 YearsJ Sainsbury plc

Barnardo's 1,178124-128 High St

Chesham, HP5 1EB

Chiltern Submarket

Sep 2018

Sep 2013£8,588 PA

80


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 18

-

NIA

Price per SF

Net Initial Yield

Days on Market


-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

Price





£370.10 £370.10 1

- -

£370.10 £370.10

- -

-

-


Sold Transactions


Sold Transactions


Sold Transactions

Sold Transactions

- - - -

-

-

-

Office

6

Centre Size

Price per SF

Net Initial Yield

Days on Market


93.20%

£90,000

160 SF

£50.25

-

28

£294,075

773 SF

£380.60

-

204

109.67%

£177,475

658 SF

£433.18

-

190

106.99%

£1,000,000

1,791 SF

£1,006.04

-

391

124.86%

6

24

6

Price


Sold Transactions £107,318 £723,206 £287,681 £4,080,000 17



£110.72 £232.69 17

3.90% 6.59%

£292.28 £811.22

6.48% 9.94%

-

5


Sold Transactions


Sold Transactions


Sold Transactions

Sold Transactions

5 271 152 1,552

6

20

10

General Retail

Comps Statistics


Quick Stats Report


05/07/2018

Page 1


Totals





Sold Transactions

£1,764,450

£12,794,498

£14,558,948 33

6

27

Survey Criteria

basic criteria: Type of Property - Retail; Sale Date - 30/06/2015 - 05/07/2018; Sale Status - Under Offer, Sold,For Sale; Return and Search on Portfolio Sales as Individual Properties - Yes



Quick Stats Report


05/07/2018

Page 2

1 28 Bois Ln SOLD

Amersham, HP6 6BP

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

RetailBuilt 1900 Age: 1161,323 SF



2 Unit 81-83 - 81-85 Broad St FOR SALE

Chesham, HP5 3EF

Asking Price:

Net Initial Yield:


28£237.44£189,950


NIA:

-

800 SF Retail UnitBuilt 19644,312 SF


ActiveSale Status:


Sale Conditions: -

3 36 Chalfont Rd FOR SALE

Beaconsfield, HP9 2YG

Asking Price:

Net Initial Yield:


43£1,006.04£1,000,000


NIA:

-

RetailStorefront Retail/ResidentialBuilt 1902994 SF


ActiveSale Status:


Sale Conditions: -

4 Church Lane House - Church Ln SOLD

Gerrards Cross, SL9 9RE

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

RetailStorefront Retail/ResidentialBuilt 1900 Age: 115506 SF



5 10 Darsham Walk PENDING

Chesham, HP5 1EP

Asking Price:

Net Initial Yield:


381£426.36£220,000


NIA:

-

RetailBuilt 1750516 SF


PendingSale Status:

InvestmentSale Type:

Sale Conditions: -

6 Commerce House - High St (Part of Multi-Property) SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete

RetailStorefront Retail/ResidentialBuilt 1930 Age: 861,448 SF


Research Status:Sale Conditions: High Vacancy PropertyComp ID: 3861802


05/07/2018

Page 3

7 Office Unit, Unit s A & B - 1-3 High St (Part of Multi-Unit) SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:

--31/03/2016 Unit Type:

Year Built/Age:NIA:

--

Research Complete




8 Office Unit, Unit s C & D - 1-3 High St (Part of Multi-Unit) SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:

--31/03/2016 Unit Type:

Year Built/Age:NIA:

--

Research Complete




9 17 High St FOR SALE

Chesham, HP5 1BJ

Asking Price:

Net Initial Yield:


391£50.25£90,000


NIA:

-

RetailBankBuilt 18871,791 SF


ActiveSale Status:


Sale Conditions: -

10 35 High St SOLD

Chesham, HP5 1BW

Sale Date:

Reversionary Yield:


Net Initial Yield:

--28/02/2017 Bldg Type:

Year Built/Age:NIA:

--

Research Complete

RetailStorefront Retail/OfficeBuilt 1975 Age: 423,582 SF




Chesham, HP5 1EP

Asking Price:

Net Initial Yield:


76£440.00£165,000


NIA:

-

RetailStorefrontBuilt 1928375 SF


ActiveSale Status:


Sale Conditions: -

12 44 High St SOLD

Chesham, HP5 1EP

Sale Date:

Reversionary Yield:


Net Initial Yield:

--07/09/2016 (1,552 days on mkt) Bldg Type:

Year Built/Age:NIA:

--

Research Complete

RetailStorefrontBuilt 1926 Age: 902,261 SF




05/07/2018

Page 4


Chesham, HP5 1DE

Sale Date:

Reversionary Yield:


Net Initial Yield:

£110.72£2,150,000 - Approximate01/12/2016 Bldg Type:

Year Built/Age:NIA:

-6.53%

Approximate




14 55A High St SOLD

Great Missenden, HP16 9EJ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

RetailStorefront Retail/OfficeBuilt 1965 Age: 51617 SF



15 67 High St SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-9.94%

Confirmed





Great Missenden, HP16 0BB

Asking Price:

Net Initial Yield:


303£621.88£99,500


NIA:

-



ActiveSale Status:

Investment OR Owner/UserSale Type:

Sale Conditions: -

17 Chiltern House - 100 High St (Part of Multi-Property) SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete



Research Status:Sale Conditions: High Vacancy PropertyComp ID: 3861802

18 Target House - 12-14 Hill Ave SOLD

Amersham, HP6 5BW

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed





05/07/2018

Page 5

19 The White House - Market Pl @ High Street SOLD

Chalfont St Peter, SL9 9HE

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




20 30 Market Pl SOLD

Chalfont St Peter, SL9 9DU

Sale Date:

Reversionary Yield:


Net Initial Yield:

£741.94£437,00022/05/2018 (5 days on mkt) Bldg Type:

Year Built/Age:NIA:

--

Research Complete

RetailStorefront Retail/Residential-589 SF


Research Status:Sale Conditions: Auction SaleComp ID: 4278639

21 Retail Unit - 13 Market Sq SOLD

Chesham, HP5 1HG

Sale Date:

Reversionary Yield:


Net Initial Yield:

£394.55£275,00012/08/2016 (113 days on mkt) Unit Type:

Year Built/Age:NIA:

--

697 SF Retail UnitBuilt 1902 Age: 114697 SF



22 Multi-Property Sale - 13 Market Sq (Part of Multi-Property) SOLD

Chesham, HP5 1HG

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete




23 Retail Unit - 13 Market Sq (Part of Multi-Property) SOLD

Chesham, HP5 1HG

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete




24 The Old Exchange - 23 New Pond Rd SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed





05/07/2018

Page 6

25 The Red Lion - Penn Rd SOLD

Beaconsfield, HP9 2TN

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

RetailBarBuilt 1753 Age: 263980 SF



26 10 Sycamore Rd SOLD

Amersham, HP6 5DR

Sale Date:

Reversionary Yield:


Net Initial Yield:

£501.60£1,100,00006/02/2018 (14 days on mkt) Bldg Type:

Year Built/Age:NIA:

-6.08%

Public Record




27 10 Sycamore Rd SOLD

Amersham, HP6 5DR

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--




28 67-75 Sycamore Rd SOLD

Amersham, HP6 5EJ

Sale Date:

Reversionary Yield:


Net Initial Yield:

£292.28£4,080,000 - Confirmed03/07/2015 (108 days on mkt) Bldg Type:

Year Built/Age:NIA:

-3.90%

Confirmed

RetailStorefront Retail/ResidentialBuilt 1957 Renov 2018 Age: 5813,959 SF



29 2 The Broadway SOLD

Gerrards Cross, SL9 9DX

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-6.48%

Confirmed




30 Multi-Property Sale - 74-74a The Broadway (Part of Multi-Property) SOLD

Chesham, HP5 1EG

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete





05/07/2018

Page 7

31 Multi-Property Sale - 76 The Broadway (Part of Multi-Property) SOLD

Chesham, HP5 1EG

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete

RetailStorefrontBuilt 1909 Age: 108429 SF



32 7 Whielden St SOLD

Amersham, HP7 0HT

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




33 8 Whielden St SOLD

Amersham, HP7 0HT

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed





05/07/2018

Page 8


Deals

9Asking Rent Per SF



5LEASE COMPARABLES

SUMMARY STATISTICS


Asking Rent Per SF




TI Allowance

Rent Free Months

9

6

6

6

-

5

£7.29

£6.46

£6.46

0.0%

-

0

£9.89

£9.70

£9.29

6.0%

-

2

£10.35

£10.50

£10.21

5.5%

-

2

11.8%

-

3

£13.76

£12.13

£12.13


Months on Market

Deal Size

Lease Deal in Years

Floor Number

9

9

7

9

1

1,195

3.0

GRND

5

5,677

5.9

GRND

5

2,250

5.0

GRND 1

14

22,820

10.0


Page 1



Lease

Type

Rents

-1 The Ridgeway2,176 GRND,1 12/09/2017 £12.13/fri EffectiveNew

-2 Oxford Rd1,195 GRND 02/07/2017 £11.51 EffectiveNew

-3 Thorney Ln N12,270 GRND 23/11/2016 £9.25/fri AskingNew

-4 Farm Rd1,993 GRND 02/07/2016 £7.53 AskingNew

-5 The Ridgeway22,820 GRND,1 01/11/2015 £9.19/fri EffectiveNew

-6 Anamax House3,773 GRND 19/10/2015 £6.46/fri Effective

Oxford RdNew

-7 33 The Ridgeway2,441 GRND,1 01/10/2015 £9.20 AskingNew

-1 33 The Ridgeway2,250 GRND,1 22/09/2015 £10.10/fri EffectiveNew

-1 33 The Ridgeway2,176 GRND,1 21/08/2015 £10.33/fri EffectiveNew


Page 2










Oct 2017

New Direct

£12.13/SF

8 Years £12.13/SFSorbon Estates

Snowflake Gelato Group 2,17633 The Ridgeway

Iver, SL0 9HW

South Buckinghamshire Ind Submark…

Jul 2021

Jul 2021£4.84/SF

1

Aug 2017

New Direct

£11.51/SF

3 Years £11.51/SF

Excelsior Marquees Ltd 1,195Oxford Rd

Gerrards Cross, SL9 7BB


2

Nov 2016

New Direct

SFS Flooring 12,270Thorney Ln N

Iver, SL0 9HF


3

Aug 2016

New Direct

1,993Farm Rd

Maidenhead, SL6 0PT


4


New Direct

£9.75/SF

5 Years £9.19/SFStandard Life Investments Ltd

European Steel Profiles Ltd 22,820The Ridgeway

Iver, SL0 9JQ


Oct 2018

£2.79/SF

5

Nov 2015 0 Mos

New Direct

£6.46/SF

5 Years £6.46/SF

Corporate-Max (UK) Ltd 3,773

Anamax House

Oxford Rd

Gerrards Cross, SL9 7BB


£1.96/SF

6


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 3

Oct 2015

New Direct 5 YearsSorbon Estates Ltd

2,44133 The Ridgeway

Iver, SL0 9HW


£6.66/SF

7


£10.50/SF


Steel & Co 2,25033 The Ridgeway

Iver, SL0 9HW


Sep 2018

8

Aug 2015 Spread OverTe…New Direct

£10.50/SF


Factory Online Ltd 2,17633 The Ridgeway

Iver, SL0 9HW


Aug 2020

Aug 2020

9


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 4

10Sale Price

NIA

Price per SF

Net Initial Yield

Days on Market

Sale Price to Asking Price Ratio 83.33%

£250,000

709 SF

£75.62

-

157

£8,135,000

66,319 SF

£111.75

-

637

88.59%

£6,252,806

47,460 SF

£123.30

-

488

88.59%

£30,000,000

290,000 SF

£352.61

-

1,414

93.85%

12

10

-

4

2

Totals

Sold Transactions £81,349,996 Total Sales Transactions:Total Sales Volume: 12

Survey Criteria

basic criteria: Type of Property - Industrial; Sale Date - 01/07/2013 - 05/07/2018; Sale Status - Under Offer,Sold, For Sale; Return and Search on Portfolio Sales as Individual Properties - Yes

geography criteria: Submarket - South Buckinghamshire (Buckinghamshire)

Comps Statistics


Quick Stats Report


05/07/2018

Page 1

1 Robert Bosch Ltd - Broadwater Park SOLD

Uxbridge, UB9 5HJ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

IndustrialManufacturingBuilt 1990 Age: 24290,000 SF

Middlesex County


2 55 Packhorse Garage - 55 Packhorse Rd SOLD

Gerrards Cross, SL9 8PE

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

Industrial-709 SF



3 Units 2A - 2C - Ridgeway Distribution Centre - The Ridgeway (Part of Portfolio) SOLD

Iver, SL0 9HX

Sale Date:

Reversionary Yield:


Net Initial Yield:

£122.97£10,524,214 - Research Complete06/01/2014 Bldg Type:

Year Built/Age:NIA:

-6.62%

Research Complete

IndustrialDistributionBuilt 1981 Age: 3285,583 SF



4 Units 1C - 1F - Ridgeway Distribution Centre - The Ridgeway (Part of Portfolio) SOLD

Iver, SL0 9JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-6.62%

Research Complete




5 Units 5A - 5D - Ridgeway Distribution Centre - The Ridgeway (Part of Portfolio) SOLD

Iver, SL0 9JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-6.62%

Research Complete




6 UNIT 3 - Ridgeway Distribution Centre - The Ridgeway (Part of Portfolio) SOLD

Iver, SL0 9HX

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-6.62%

Research Complete





05/07/2018

Page 2

7 Unit 34 - The Ridgeway SOLD

Iver, SL0 9JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




8 Unit 1G - Ridgeway Distribution Centre - The Ridgeway (Part of Portfolio) SOLD

Iver, SL0 9JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-6.62%

Research Complete




9 Unit 1B - Ridgeway Disbribution Centre - The Ridgeway (Part of Portfolio) SOLD

Iver, SL0 9HX

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-6.62%

Research Complete




10 Unit 1A - Ridgeway Distribution Centre - The Ridgeway (Part of Portfolio) SOLD

Iver, SL0 9HX

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete




11 Unit 34 - The Ridgeway SOLD

Iver, SL0 9JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete




12 Gianfranco House - The Ridgeway SOLD

Iver, SL0 9JE

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete





05/07/2018

Page 3


Deals





SUMMARY STATISTICS


Asking Rent Per SF




TI Allowance

Rent Free Months

50

41

28

34

-

23

£12.43

£12.62

£13.79

-20.0%

-

0

£22.65

£23.17

£21.86

-0.8%

-

2

£25.00

£24.60

£24.47

0.0%

-

0

29.9%

-

9

£42.86

£42.85

£42.85


Months on Market

Deal Size

Lease Deal in Years

Floor Number

51

65

32

64

1

129

1.0

GRND

12

1,628

4.9

GRND

7

1,030

5.0

1 2

80

12,146

25.0


Page 1



Lease

Type

Rents

-1 Chartridge House320 1st 26/03/2018 £28.12/iri Effective

30 Shepherds LnNew

-2 Uxbridge Rd1,306 GRND 20/03/2018 £15.08/fri EffectiveNew

-3 76A High St263 1st 19/03/2018 £28.51 EffectiveNew

-4 Grosvenor House4,214 1st 12/03/2018 £23.49/fri Effective

Horseshoe CresNew

-2 Uxbridge Rd1,306 GRND 13/02/2018 £14.14/fri EffectiveNew

-5 2 Penn Rd230 1st 29/01/2018 £36.26/fri EffectiveNew

-6 19 London End129 GRND 15/01/2018 £42.32/iri EffectiveNew

-7 McBride House1,636 2nd 15/01/2018 £27.50/fri Asking

32 Penn RdNew

-6 19 London End147 GRND 10/01/2018 £42.85/iri EffectiveNew

-6 19 London End223 1st 08/01/2018 £42.60/iri EffectiveNew

-8 Woodlands Court4,231 GRND 15/12/2017 £31.00/fri Achieved

Burnham RdNew

-8 Woodlands Court3,316 GRND 02/12/2017 £28.28/fri Effective

Burnham RdNew

-9 Burnham House427 GRND 29/11/2017 £35.12/fri Asking

93 High StNew

-4 Grosvenor House1,079 2nd 24/11/2017 £22.43 Effective

Horseshoe CresNew

-10 Marlborough House366 GRND 24/11/2017 £37.50/iri Asking

45 Wycombe EndNew

-11 Capswood 15,400 1st 05/11/2017 £24.00 Asking

Oxford RdNew

-12 Bakery Court625 1st 01/10/2017 £32.00 Effective

39 London EndNew

-13 Town Hall1,078 1st 28/09/2017 £39.80 Asking

Penn RdNew

-2 Uxbridge Rd508 GRND 28/09/2017 £20.18/fri EffectiveNew

-14 11 Windsor142 1st 24/09/2017 £40.14 AskingNew

-4 Grosvenor House521 2nd 05/08/2017 £25.00 Asking

Horseshoe CresNew

-Brightwell Grange

226 1st 01/07/2017 £32.65 EffectiveNew


Page 2

























Lease

Type

Rents

-15 Brightwell Grange226 1st 01/07/2017 £32.65 Effective

Britwell RdNew

-12 Bakery Court797 1st 01/07/2017 £33.00 Effective

39 London EndNew

-16 Premium House2,253 1st 10/06/2017 £18.00 Effective

The BroadwayNew

-17 3 Baring Rd546 1st 07/06/2017 £15.02/fri AchievedNew

-18 Grenville Court500 2nd 22/05/2017 - -

Britwell RdNew

-19 The Priory1,885 GRND 16/05/2017 - -

Stomp RdNew

-20 Madeley House2,292 1st 11/05/2017 £21.81 Asking

8 Packhorse RdNew

-19 The Priory1,885 Unkwn 01/05/2017 £17.97/fri Achieved

Stomp RdNew

-18 Grenville Court225 1st 10/04/2017 - -

Britwell RdNew

-21 83 Packhorse Rd589 2nd 16/03/2017 £22.07/fri AskingNew

-22 51 London End1,600 GRND,1 09/03/2017 £26.25 EffectiveNew

-23 1 The Highway1,368 1-2 03/02/2017 £26.68/fri EffectiveNew

-24 Canon House890 2nd 01/02/2017 £24.16 Effective

27 London EndNew

-9 Burnham House427 GRND 01/12/2016 - -

93 High StNew

-18 Grenville Court265 GRND 29/11/2016 - -

Britwell RdNew

-25 Capswood 310,191 GRND,1 04/11/2016 £20.44/fri Effective

Oxford RdRenewal

-26 62 Packhorse Rd260 1st 26/10/2016 £25.00 AskingNew

-4 Grosvenor House1,600 2nd 02/10/2016 £28.44 Achieved

Horseshoe CresNew

-18 Grenville Court540 GRND 27/09/2016 - -

Britwell RdNew

-19 The Priory1,600 2nd 23/08/2016 £13.79/fri Effective

Stomp RdNew

-27 Sefton House12,146 GRND,1 09/08/2016 - -

Sefton ParkNew


Page 3
























Lease

Type

Rents

-28 Oak House1,279 2nd 25/07/2016 £22.48/fri Achieved

58-60 Oak End WayNew

-29 1 Burkes Parade1,030 1-2 01/07/2016 £22.81/fri EffectiveNew

-30 16 Wycombe End477 GRND,1 01/05/2016 £31.44 EffectiveNew

-7 McBride House970 GRND 18/04/2016 £24.78/iro Effective

32 Penn RdNew

-31 Taplow Rd764 2nd 01/04/2016 £12.43 AskingNew

-23 1 The Highway1,218 1-2 01/03/2016 £14.78 AskingNew

-32 Wood Ln608 GRND 01/03/2016 £26.15 AchievedNew

-33 Europa House843 GRND 31/01/2016 £23.72 Achieved

Packhorse RdNew


Page 4









Mar 2018 0 Mos

New Direct

£28.12/SF

2 Years £28.12/SF

320

Chartridge House

30 Shepherds Ln

Beaconsfield, HP9 2DT

South Buckinghamshire Submarket

Mar 2019

1


New Direct

£16.00/SF

5 Years £15.08/SFLidstone Trust

STS Storage Solutions 1,306Uxbridge Rd

Slough, SL3 6AG


2

Mar 2018 0 Mos

New Direct

£28.51/SF

5 Years £28.51/SFSherriff Mountford

26376 High St

Slough, SL1 7JT


Mar 2020

3


New Direct

£26.50/SF


Expert-24 Ltd 4,214

Grosvenor House

Horseshoe Cres

Beaconsfield, HP9 1LJ


Apr 2021

4


New Direct

£15.00/SF


R A Jones Ltd 1,306Uxbridge Rd

Slough, SL3 6AG


£11.83/SF

5

Jan 2018 0 Mos

New Direct

£36.26/SF

3 Years £36.26/SF

2302 Penn Rd

Beaconsfield, HP9 2PD


Jan 2019…

6


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 5

Jan 2018 0 Mos

New Direct

£42.32/SF

3 Years £42.32/SF

12919 London End

Beaconsfield, HP9 2HN


Jan 2019…

7

Feb 2018

New Direct 5 YearsBayopal Company Ltd

Rayden Solicitors 1,636

McBride House

32 Penn Rd

Beaconsfield, HP9 2FY


£6.53/SF

8

Jan 2018 0 Mos

New Direct

£42.85/SF

3 Years £42.85/SF

14719 London End



Jan 2019…

£10.14/SF

9

Jan 2018 0 Mos

New Direct

£42.60/SF

3 Years £42.60/SF

22319 London End



Jan 2019…

£10.36/SF

10

Feb 2018 3 Mos at Start

New Direct

£31.00/SF

5 Years

4,231

Woodlands Court

Burnham Rd

Beaconsfield, HP9 2SF


Feb 2021

11


New Direct

£30.00/SF

5 Years £28.28/SF

Busniess First Partnership 3,316

Woodlands Court

Burnham Rd

Beaconsfield, HP9 2SF


Dec 2020

12


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 6

Nov 2017

New DirectRoe Associates Ltd

Connect Recruitment 427

Burnham House

93 High St

Slough, SL1 7JZ


13

Nov 2017

New Direct

£22.43/SF


Magenta Projects Ltd 1,079

Grosvenor House

Horseshoe Cres



14

Nov 2017

New DirectJaggard Baker LLP

366

Marlborough House

45 Wycombe End

Beaconsfield, HP9 1LZ


15

Nov 2017

New SubleaseMr Mohamed Esreb

5,400

Capswood 1

Oxford Rd

Uxbridge, UB9 4LH


£6.58/SF

16

Oct 2017 0 Mos

New Direct

£32.00/SF

3 Years £32.00/SF

625

Bakery Court

39 London End

Beaconsfield, HP9 2HW


17

Oct 2017

New Direct

1,078

Town Hall

Penn Rd

Beaconsfield, HP9 2PP


18


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 7

Sep 2017 0 Mos

New Direct

£20.18/SF


Novachem 508Uxbridge Rd

Slough, SL3 6AG


Sep 2020

£6.75/SF

19

Sep 2017

New Direct

1429-11 Windsor End

Beaconsfield, HP9 2JJ


£7.70/SF

20

Aug 2017


Psychologic Chambers Ltd 521

Grosvenor House

Horseshoe Cres



21

Jul 2017

New Sublease

£32.65/SF

3 Years £32.65/SF

226

Brightwell Grange

Britwell Rd

Slough, SL1 8DF


Jun 2018…

22

Jul 2017 0 Mos

New Direct

£33.00/SF

3 Years £33.00/SF

797

Bakery Court

39 London End

Beaconsfield, HP9 2HW


23

Jul 2017

New Direct

£18.00/SF

5 Years £18.00/SFComland Management Limited

2,253

Premium House

The Broadway

Slough, SL2 3PQ


24


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 8

Jun 2017

New Direct

£15.02/SF

5 Years

Ashcroft & Portman Chauffeurs Ltd 5463 Baring Rd

Beaconsfield, HP9 2NB


£9.23/SF

25

May 2017

NewEacott Standing & Co

On Light Ltd 500

Grenville Court

Britwell Rd

Slough, SL1 8DF


26

May 2017

NewCardiff Property Company

The Core Banking 1,885

The Priory

Stomp Rd

Slough, SL1 7LW


27

Jun 2017

New DirectSimon Bridbury Properties (St Alba…

2,292

Madeley House

6-8 Packhorse Rd

Gerrards Cross, SL9 7QE


£5.51/SF

28

Jun 2017

New Direct

£17.97/SF

Cardiff Property Company

The Core Banking Group 1,885

The Priory

Stomp Rd

Slough, SL1 7LW


29

Apr 2017

New SubleaseEacott Standing & Co

Itomica 225

Grenville Court

Britwell Rd

Slough, SL1 8DF


30


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 9

Mar 2017

New Direct 5 Years

58983 Packhorse Rd

Gerrards Cross, SL9 8PJ


31

Apr 2017

New Direct

£26.25/SF

1 Year £26.25/SF

1,60051 London End



£8.70/SF

32

Feb 2017

New Sublease

£26.68/SF

£26.68/SFFrankel Property Holding Ltd

PCB Financial Ltd 1,3681 The Highway

Beaconsfield, HP9 1QD


33

Feb 2017 0 Mos

New Sublease

£24.16/SF

2 Years £24.16/SFChesterton Commercial (Beaconsfi…

890

Canon House

27 London End



£7.06/SF

34

Dec 2016

New DirectRoe Associates Ltd

Zoon Link 427

Burnham House

93 High St

Slough, SL1 7JZ


35

Nov 2016

New DirectEacott Standing & Co

Blue Cube Connections Ltd 265

Grenville Court

Britwell Rd

Slough, SL1 8DF


36


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 10


Renewal Direct

£24.60/SF

5 Years £20.44/SFMr Mohamed Esreb

Danfoss Ltd 10,191

Capswood 3

Oxford Rd

Uxbridge, UB9 4LH


Jun 2019

37

Oct 2016

New Direct

26062 Packhorse Rd

Gerrards Cross, SL9 8EF


£4.96/SF

38

Oct 2016

New Direct

£28.44/SF

Sorbon Estates Ltd

Staffhost Ltd 1,600

Grosvenor House

Horseshoe Cres



39

Sep 2016

New DirectEacott Standing & Co

Redstone Connect 540

Grenville Court

Britwell Rd

Slough, SL1 8DF


40

Aug 2016

New Direct

£13.79/SF

5 Years £13.79/SFCardiff Property Company

Bartercard UK Ltd 1,600

The Priory

Stomp Rd

Slough, SL1 7LW


41

Aug 2016

New Direct 10 Years

Servier Pharmaceuticals 12,146

Sefton House

Sefton Park

Slough, SL2 4HD


42


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 11

Jul 2016

New Direct

£22.48/SF

Grove Court Properties(Beaconsfie…

Always Organsised Ltd 1,279

Oak House

58-60 Oak End Way

Gerrards Cross, SL9 8BR


£6.84/SF

43

Jul 2016 0 Mos

New Direct

£22.81/SF

5 Years £22.81/SFThe Frost Partnership

Facet Ltd 1,0301 Burkes Parade

Beaconsfield, HP9 1NN


Jun 2019

44

May 2016 0 Mos

New Direct

£31.44/SF

2 Years £31.44/SF

Evolve Homes Ltd 47716 Wycombe End



£16.17/SF

45


New Direct

£26.28/SF

5 Years £24.78/SFBayopal Company Ltd

Transparent Care 970

McBride House

32 Penn Rd



Apr 2019

£10.55/SF

46

Apr 2016

New Direct

764Taplow Rd

Maidenhead, SL6 0JQ


£0.59/SF

47

Mar 2016

New DirectHalifax Bank of Scotland

1,2181 The Highway



£6.07/SF

48


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 12

Mar 2016

New Direct

£26.15/SFBespoke Fire & Flue Services 608Wood Ln

Iver, SL0 0LB


49

Jan 2016

New Direct

£23.72/SF

Langham Holdings Ltd

Robert Sumner Ltd 843

Europa House

13 Packhorse Rd

Gerrards Cross, SL9 8QB


£7.75/SF

50

Feb 2016

New Direct

3,663

The Chapel

Britwell Rd

Slough, SL1 8DF


51

Dec 2015

New Direct

14719 London End



£10.06/SF

52

Nov 2015

New Direct

193

The Old Saddlery

45 Wycombe End

Beaconsfield, HP9 1LZ


53

Nov 2015 0 Mos

New Assignment

£18.00/SF

3 Years 6 Months £18.00/SFF&C REIT Asset Management LLP

Otsuka Pharmaceutical Europe Ltd 7,453

Wymers

Framewood Rd

Slough, SL3 6PJ


£7.20/SF

54


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 13


New Direct

£23.79/SF

25 Years £22.90/SF

The Workstation KHH Ltd 2,446

Kings Head House

15 London End



55

Nov 2015

New Direct

£26.10/SF

Sorbon Estates Ltd

Teleflex Medical Europe Ltd 2,543

Grosvenor House

Horseshoe Cres



£11.55/SF

56

Nov 2015

New Direct

£17.50/SFStarboard Hotels Ltd 2,85110 Penn Rd

Beaconsfield, HP9 2LH


57

Oct 2015

New Direct

2,50351 London End



£13.66/SF

58

Oct 2015

New Direct

£17.50/SFKing of Shaves 1,15910 Penn Rd

Beaconsfield, HP9 2LH


59

Oct 2015

New Direct

£25.00/SFPure FX Ltd 1,429

McBride House

32 Penn Rd



60


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 14

Sep 2015

New Direct

£17.96/SF

5 Years £17.96/SFGuinness Pension Fund

Ian S Smith & Co 3349 High St

Slough, SL1 7JB


Aug 2015

£6.35/SF

61

Sep 2015 0 Mos

New Direct

£17.48/SF

5 Years £17.56/SF

Evolve Homes Ltd 1,0301 Burkes Parade

Beaconsfield, HP9 1NN


Aug 2017

£5.59/SF

62

Aug 2015

New Direct

1,05096 High St

Slough, SL1 7JT


£5.03/SF

63

Aug 2015

New Direct

£15.02/SFTops Tuitions 99911-12 The Broadway



64

Jul 2015

New Direct

£12.62/SF

Lidstone Trust

WestminsterGroup plc 1,307Uxbridge Rd

Slough, SL3 6AG


65


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 15

3

NIA

Price per SF

Net Initial Yield

Days on Market


91.67%

£295,000

932 SF

£301.62

-

10

£1,448,333

10,269 SF

£435.33

-

294

97.09%

£650,000

6,894 SF

£316.52

-

246

94.35%

£3,400,000

28,065 SF

£493.18

-

675

105.26%

5

20

3

Price


Sold Transactions £220,000 £3,635,111 £1,596,000 £10,850,000 9



£182.53 £397.02 9

5.75% 7.80%

£490.68 £720.77

7.80% 9.85%

-

2


Sold Transactions


Sold Transactions


Sold Transactions

Sold Transactions

20 111 111 205

5

9

3


Totals





Sold Transactions

£4,345,000

£32,716,000

£37,061,000 25

5

20

Survey Criteria

basic criteria: Type of Property - Office; Sale Date - 01/07/2015 - 05/07/2018; Sale Status - Under Offer, Sold,For Sale; Return and Search on Portfolio Sales as Individual Properties - Yes


Comps Statistics


Quick Stats Report


05/07/2018

Page 1

1 Portfolio PENDING

3 Office buildings in Maidenhead, BKS, having total size of 13,297 SF.

Net Initial Yield:

# Properties:Total Size:

Total Land Area:

- Sale Conditions: -

313,297 SF0.62 AC

Asking Price:


246--

Sale Status: Pending

Sale Type: Investment

2 Charles Church House - 5-7 Baring Rd SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed




3 Old Fire Station - Church St SOLD

Slough, SL1 7HX

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--


Berkshire County


4 The Rowley Building - Framewood Rd FOR SALE

Slough, SL3 6PJ

Asking Price:

Net Initial Yield:


675--


NIA:

-

OfficeBuilt 2000 Renov 201728,065 SF

Berkshire County

ActiveSale Status:


Sale Conditions: -

5 Chalfont Park - 1 Gerrards Cross SOLD

Gerrards Cross, SL9 0BG

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-9.85%

Confirmed




6 Beechwood Court - 5 Gore Rd FOR SALE

Slough, SL1 8AA

Asking Price:

Net Initial Yield:


10£301.62£650,000


NIA:

-


Berkshire County

ActiveSale Status:


Sale Conditions: -


05/07/2018

Page 2

7 Swan Cottage - 36 High St SOLD

Burnham, Slough, SL1 7JP

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed


Berkshire County


8 Highway House - 17 London End SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

Office-2,763 SF



9 Old Post House - 18 London End (Part of Portfolio) SOLD

Beaconsfield, HP9 2JH

Sale Date:

Reversionary Yield:


Net Initial Yield:

--06/10/2017 Bldg Type:

Year Built/Age:NIA:

--

Research Complete

Office-2,922 SF


Research Status:Sale Conditions: Bulk/Portfolio Sale, Business Value IncludedComp ID: 4021007

10 Aston House - 62-68 Oak End Way SOLD

Gerrards Cross, SL9 8BR

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed



Research Status:Sale Conditions: Condo Conversion, High Vacancy Property ...Comp ID: 4170517

11 Westminster House - Packhorse Rd (Part of Portfolio) SOLD

Gerrards Cross, SL9 8HY

Sale Date:

Reversionary Yield:


Net Initial Yield:

--06/10/2017 Bldg Type:

Year Built/Age:NIA:

--

Research Complete




12 2-4 Packhorse Rd FOR SALE


Asking Price:

Net Initial Yield:


10£493.18£3,400,000


NIA:

-



ActiveSale Status:


Sale Conditions: -


05/07/2018

Page 3

13 Office Unit - 56-56A Packhorse Rd SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-5.75%

Confirmed






Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--




15 1-4 - Park Parade - Park Rd SOLD

Slough, SL2 3AU

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed


Berkshire County


16 Building 5 - Uxbridge Business Park - Sanderson Rd (Part of Portfolio) SOLD

Uxbridge, UB8 1DH

Sale Date:

Reversionary Yield:


Net Initial Yield:

--01/09/2017 Bldg Type:

Year Built/Age:NIA:

--

Research Complete


Middlesex County



Uxbridge, UB8 1DH

Sale Date:

Reversionary Yield:


Net Initial Yield:

--01/09/2017 Bldg Type:

Year Built/Age:NIA:

--

Research Complete


Middlesex County


18 Building 2 - Sanderson Rd (Part of Portfolio) SOLD

Uxbridge, UB8 1DH

Sale Date:

Reversionary Yield:


Net Initial Yield:

--01/09/2017 Bldg Type:

Year Built/Age:NIA:

--

Research Complete


Middlesex County



05/07/2018

Page 4


Uxbridge, UB8 1DH

Sale Date:

Reversionary Yield:


Net Initial Yield:

--01/09/2017 Bldg Type:

Year Built/Age:NIA:

--

Research Complete


Middlesex County



Uxbridge, UB8 1DH

Sale Date:

Reversionary Yield:


Net Initial Yield:

--01/09/2017 Bldg Type:

Year Built/Age:NIA:

--

Research Complete


Middlesex County


21 Marsham House - Station Rd SOLD

Gerrards Cross, SL9 8ER

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed



Research Status:Sale Conditions: Condo Conversion, Redevelopment ProjectComp ID: 3744113

22 1-5 - Office Unit, Unit 3 - Taplow Rd SOLD

Maidenhead, SL6 0JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed


Berkshire County


23 6-11 - Office Unit, Unit 9 - Taplow Rd (Part of Multi-Unit) SOLD

Maidenhead, SL6 0JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete


Berkshire County


24 6-11 - Office Unit, Unit 9 - Taplow Rd (Part of Multi-Unit) SOLD

Maidenhead, SL6 0JQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete


Berkshire County



05/07/2018

Page 5

25 Carnegie Court - The Broadway FOR SALE

Slough, SL2 3PQ

Asking Price:

Net Initial Yield:


527£316.52£295,000


NIA:

-


Berkshire County

ActiveSale Status:


Sale Conditions: -


05/07/2018

Page 6


Deals




11LEASE COMPARABLES

SUMMARY STATISTICS


Asking Rent Per SF




TI Allowance

Rent Free Months

39

23

17

16

-

12

£10.15

£9.89

£9.57

-42.9%

-

0

£26.80

£23.01

£21.71

2.0%

-

2

£28.48

£26.68

£26.68

0.0%

-

2

20.0%

-

6

£53.03

£44.05

£44.05


Months on Market

Deal Size

Lease Deal in Years

Floor Number

39

49

22

49

1

264

3.0

M3

11

1,076

10.3

LBBY

7

777

10.0

GRND 1

98

5,677

25.0


Page 1



Lease

Type

Rents

-1 Burnham Village982 GRND 01/05/2018 £12.22/fri Achieved

87-89 High StNew

-2 18 Packhorse Rd728 GRND 02/04/2018 £34.34/fri EffectiveNew

-3 Clarendon House264 GRND 01/04/2018 £53.03/fri Asking

20-22 Aylesbury EndNew

-4 5 The Broadway614 GRND 16/03/2018 £26.06 AskingNew

-5 Maxwell Rd908 GRND 09/01/2018 £44.05/fri EffectiveNew

-6 7 Eastfield Rd323 GRND 27/11/2017 - -New


-8 40 Bathurst Walk1,820 GRND 03/10/2017 £9.57/fri EffectiveNew

-9 Prospect House586 GRND 29/09/2017 £27.50/fri Effective

Beaconsfield RdNew

-10 Topps Tiles3,444 GRND,M3 23/08/2017 £17.42/fri Achieved

61 Oxford RdNew

-7 35 High St2,068 GRND 28/06/2017 £14.51/fri EffectiveNew


-12 11 Windsor555 GRND 16/05/2017 £30.63/fri EffectiveNew

-13 4-5 The Highway2,589 GRND 10/04/2017 - --

-14 Old Mulberry House825 GRND,1 03/04/2017 £48.48/fri Asking

22A London EndNew

-15 180-182 Maxwell Rd5,677 GRND,1 15/03/2017 £30.83 AchievedNew

-16 99 High St629 BSMT,G… 01/03/2017 £20.67 EffectiveNew


-17 Tabard Square1,453 GRND 19/01/2017 £17.21/fri Asking

Bells HlNew

-18 1 The Highway1,407 BSMT,G… 29/12/2016 £31.98 EffectiveNew

-19 3 Marsham Way376 GRND 01/12/2016 £45.21 AskingNew

-63 High St

1,604 GRND 21/10/2016 £16.99/fri AchievedNew


Page 2

























Lease

Type

Rents

-20 63 High St1,604 GRND 21/10/2016 £16.99/fri AchievedNew

-21 32 High St296 GRND 01/10/2016 £37.16 EffectiveNew

-22 9 London End1,023 GRND 01/10/2016 £48.88 AskingNew

-23 5 Station Parade2,144 GRND,1 05/09/2016 £12.60/fri EffectiveNew

-24 Sainsburys2,041 GRND 01/09/2016 - -

Maxwell Rd-

-9 Prospect House664 GRND 01/09/2016 £24.85 Asking

The BroadwayNew

-25 Beacon House693 GRND 22/07/2016 £25.42/fri Effective

Warwick RdNew

-26 39-41 High St1,016 GRND 01/07/2016 £19.69 AskingNew

-27 The Clock House400 GRND 27/05/2016 £32.64/fri Effective

1 The BroadwayNew

-5 Maxwell Rd640 GRND 19/04/2016 £26.48 AskingNew


The BroadwayNew

-28 27 Packhorse Rd800 GRND 01/04/2016 £37.50/fri AchievedNew

-7 31 High St656 GRND 29/01/2016 £24.39/fri AchievedNew

-29 16 London End380 GRND 29/01/2016 £47.37 AskingNew

-30 50 London End1,018 GRND,1 15/01/2016 £36.84 AskingNew

-31 2 Milner Rd454 GRND 07/01/2016 £24.23/fri AskingNew

-32 Palm Suite1,424 GRND 01/12/2015 £13.62/fri Effective

52 St. David's CloseNew


-5 Maxwell Rd428 GRND 10/11/2015 £39.60 AskingNew

-34 80A High St716 GRND 01/11/2015 £30.73 AskingNew



Page 3
























Lease

Type

Rents

-35 40-42 Packhorse Rd1,330 LL,GRND 31/10/2015 £35.71/fri AskingNew


The BroadwayNew

-35 38D Packhose Rd1,088 GRND 19/09/2015 £40.90/fri AskingNew

-36 37 Mayflower Way1,071 BSMT,G… 03/09/2015 £16.81/fri EffectiveNew

-37 36-38 High St777 GRND 01/09/2015 £21.24 AskingNew

-38 Ashley House921 GRND,1 31/08/2015 £32.19 Asking

The BroadwayNew



Page 4








May 2018 0 Mos

New Direct

£12,000 PA

10 YearsMr Tuysez

982

Burnham Village

87-89 High St

Slough, SL1 7JZ


May 2023£11,750 PA

1

Apr 2018 0 Mos

New Direct

£25,000 PA

5 Years £25,000 PAKingcastle Ltd

72818 Packhorse Rd

Gerrards Cross, SL9 7DA


£10,214 PA

2

Apr 2018


264

Clarendon House

20-22A Aylesbury End

Beaconsfield, HP9 1LW


£3,075 PA

3

Mar 2018

New Direct

6145 The Broadway

Slough, SL2 3PQ


£4,871 PA

4

Jan 2018

New Direct

£40,000 PA

£39,999 PAR P Europe Ltd

908Maxwell Rd

Beaconsfield, HP9 1QT


£13,916 PA

5

Nov 2017

New Direct

Berkshire Account Services 3237 Eastfield Rd

Slough, SL1 7EH


6


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 5

Nov 2017

New Direct

£17,500 PA

10 Years £17,500 PA

Oakwood Estates Property 65623-35A High St

Iver, SL0 9ND


£3,588 PA

7


New Direct

£18,000 PA

10 Years £17,411 PA

Right Gear Motorcycles Ltd 1,82040 Bathurst Walk

Iver, SL0 9BH


£3,783 PA

8


New Direct

£16,950 PA

15 Years £16,115 PAGlasswick Ltd

586

Prospect House

The Broadway

Slough, SL2 3PP


Sep 2022…£4,453 PA

9

Aug 2017

New Direct

£60,000 PA

20 Years

Multi-Tile Ltd 3,444

Topps Tiles

61 Oxford Rd

Uxbridge, UB9 4DA


10

Jul 2017

New Direct

£30,000 PA

10 Years £30,000 PA

Costa Coffee 2,06823-35A High St

Iver, SL0 9ND


£8,738 PA

11

Jun 2017 Spread OverTe…New Direct

£10,500 PA

5 Years £10,199 PA

Aiasha Young 27244 High St

Burnham, Slough, SL1 7JP


May 2020

£2,710 PA

12


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 6

May 2017

New Direct

£17,000 PA

£17,000 PA

5559-11 Windsor End

Beaconsfield, HP9 2JJ


£3,533 PA

13

Apr 2017Pyramid Pharmacy 2,5894-5 The Highway



14

Apr 2017

New Direct

825

Old Mulberry House

22-22A London End



£12,000 PA

15

Mar 2017

New

£175,000 PA

25 YearsSorbon Estates

Prime Steak and Grill 5,677180-182 Maxwell Rd

Beaconsfield, HP9 1QX


16

Mar 2017

New Direct

£13,000 PA

10 Years £13,000 PA

62999 High St

Slough, SL1 7JZ


Feb 2022

Feb 2022£2,516 PA

17

Mar 2017

New Direct

£16,000 PA

9 Years £16,000 PA

Ma Ink 6145 The Broadway

Slough, SL2 3PQ


Feb 2022

£4,175 PA

18


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 7

Feb 2017

New DirectPersimmon plc

1,453

Tabard Square

Bells Hl

Slough, SL2 4BY


19

Dec 2016

New Direct

£45,000 PA

15 Years £45,000 PAFrankel Property Holding Ltd

Halifax 1,4071 The Highway



20

Dec 2016

New DirectSorbon Investments Ltd

3761-3 Marsham Way

Gerrards Cross, SL9 8AB


£5,160 PA

21


New

£27,250 PA

10 Years

Co-Operative Funeral Care 1,60463 High St

Slough, SL1 7JU


Oct 2021

22

Oct 2016 0 Mos

New Direct

£11,000 PA

10 Years £11,000 PAMr Noel Wicks

Horizon Bathrooms 29632 High St

Burnham, SL1 7JP


Sep 2021

23

Oct 2016

New Direct

MBA Clinics 1,0239 London End



£12,941 PA

24


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 8

Sep 2016 0 Mos

New Direct

£27,000 PA

15 Years £27,004 PAShellihurst Properties Ltd

Oxfam 2,1445 Station Parade

Beaconsfield, HP9 2PB


Sep 2021…

Sep 2021…£15,034 PA

25

Sep 2016Lloyds Pharmacy Ltd 2,041

Sainsburys

Maxwell Rd

Beaconsfield, HP9 1QH


26

Sep 2016

New DirectGlasswick Ltd

664

Prospect House

The Broadway

Slough, SL2 3PP


£4,356 PA

27


New Direct

£18,500 PA

5 Years £17,441 PABeacon House Property Ltd

Madam Spotlight Ltd 693

Beacon House

Warwick Rd

Beaconsfield, HP9 2PE


Jul 2019

£9,737 PA

28

Dec 2016

New DirectMr Takka

Hair in X S 1,01639-41 High St

Slough, SL1 7JD


£4,622 PA

29


New Direct

£13,500 PA

10 Years £13,058 PAThe Frost Partnership

G.A. Interiors 400

The Clock House

1 The Broadway

Slough, SL2 3PQ


May 2021

May 2021

30


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 9

Apr 2016

New DirectR P Europe Ltd

640Maxwell Rd



£3,914 PA

31

Apr 2016

New DirectGlasswick Ltd

642

Prospect House

The Broadway

Slough, SL2 3PP


£4,627 PA

32

Apr 2016 0 Mos

New Direct

£30,000 PA

10 Years

Thames Hospice 80027-29 Packhorse Rd



Mar 2021£7,680 PA

33

Jan 2016

New Direct

£16,000 PACobble-it Ltd 65623-35A High St

Iver, SL0 9ND


£3,796 PA

34

Feb 2016

New DirectLendway Builders Ltd

Polish'd Nail Bar 38016 London End



£6,163 PA

35

Feb 2016

New Direct

Nuad Thai 1,01850 London End



£7,650 PA

36


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 10

Jan 2016

New Direct

4542 Milner Rd

Slough, SL1 7PB


37

Dec 2015 1 Mo at Start

New Direct

£20,000 PA

3 Years £19,395 PA

La Palma Italian Restaurant 1,424

Palm Suite

52 St. David's Close

Iver, SL0 0RT


Nov 2017

£565 PA

38

Dec 2015

New DirectJGB Properties Ltd

Dominos 1,4396-8 High St

Slough, SL1 7JH


£8,129 PA

39

Nov 2015

New DirectR P Europe Ltd

428Maxwell Rd



£7,149 PA

40

Nov 2015

New Direct 7 YearsH.E.Cornish (Investments C.I) Ltd

71680A High St

Slough, SL1 7JT


£5,423 PA

41

Nov 2015

New DirectTheaben Ltd

1,01639-41 High St

Slough, SL1 7JD


£4,380 PA

42


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 11

Nov 2015

New DirectProperty & InvestmentManagement…

Jack & Alice 1,33038-42 Packhorse Rd

Gerrards Cross, SL9 8EB


£16,150 PA

43

Oct 2015

New Direct

Rennie Grove Hospice Care 560

Prospect House

The Broadway

Slough, SL2 3PP


£4,204 PA

44

Oct 2015

New DirectProperty & InvestmentManagement…

Cancer Research UK 1,08838-42 Packhorse Rd

Gerrards Cross, SL9 8EB


£15,650 PA

45

Oct 2015

New Direct

£18,000 PA

3 Years £18,000 PA

Lily Lou Lou 1,07125-45 Mayflower Way

Beaconsfield, HP9 1UG


£2,504 PA

46

Sep 2015

New Direct

Infinity House Ltd 77736-38 High St

Iver, SL0 9NG


£4,600 PA

47

Aug 2015

New Direct

Ridgwell Windows &Conservatories…

921

Ashley House

The Broadway

Slough, SL2 3PQ


48


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 12

Aug 2015

New Direct 10 Years

May's Chocolate House 69675-77 High St

Slough, SL1 7JX


Sep 2017

49


Landlord

SF Leased

Type

StartDate

Term

Starting Rent

Effective Rent

Free Rent

Rates

Breaks

Reviews


Page 13

-

NIA

Price per SF

Net Initial Yield

Days on Market


105.26%

-

-

-

-

-

-

-

-

-

105.26%

-

-

-

-

-

105.26%

-

-

-

-

-

105.26%

-

2

-

Price





£490.68 £490.68 1

5.75% 5.75%

£490.68 £490.68

5.75% 5.75%

-

1


Sold Transactions


Sold Transactions


Sold Transactions

Sold Transactions

21 104 104 187

-

2

1

Office

7

Centre Size

Price per SF

Net Initial Yield

Days on Market


91.62%

£25,000

250 SF

£100.00

5.26%

21

£1,663,571

2,601 SF

£639.52

5.26%

223

134.21%

£475,000

1,840 SF

£266.15

5.26%

146

105.26%

£9,250,000

10,000 SF

£925.00

5.26%

540

286.40%

7

23

7

Price





£141.43 £396.38 16

3.62% 5.05%

£398.96 £621.53

4.97% 7.30%

1

6


Sold Transactions


Sold Transactions


Sold Transactions

Sold Transactions

5 175 200 608

7

18

9

General Retail

Comps Statistics


Quick Stats Report


05/07/2018

Page 1


Totals





Sold Transactions

£11,645,000

£17,367,928

£29,012,928 32

7

25

Survey Criteria

basic criteria: Type of Property - Retail; Sale Date - 01/07/2013 - 05/07/2018; Sale Status - Under Offer, Sold,For Sale; Return and Search on Portfolio Sales as Individual Properties - Yes



Quick Stats Report


05/07/2018

Page 2

1 Portfolio PENDING

2 Properties.

Net Initial Yield:

# Properties:Total Size:

Total Land Area:

- Sale Conditions: -

22,724 SF-

Asking Price:


135£266.15£725,000

Sale Status: Pending

Sale Type: Investment

2 Royal Oak - Beaconsfield Rd (Part of Portfolio) SOLD

Slough, SL2 3HS

Sale Date:

Reversionary Yield:


Net Initial Yield:

£474.76£4,042,599 -08/08/2016 Bldg Type:

Year Built/Age:NIA:

-4.75%


Berkshire County


3 The George - 18 High St SOLD

Slough, SL1 7JH

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

RetailBarBuilt 1761 Age: 2551,440 SF

Berkshire County


4 36-38 High St PENDING

Iver, SL0 9NG

Asking Price:

Net Initial Yield:


455£308.09£240,000


NIA:

-



PendingSale Status:


Sale Conditions: -

5 Retail Unit, Unit 49-51 - 49-55 High St SOLD

Slough, SL1 7JX

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-3.62%

Confirmed

1,093 SF Retail UnitBuilt 1934 Age: 821,093 SF

Berkshire County


6 63 High St SOLD

Slough, SL1 7JU

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed


Berkshire County



05/07/2018

Page 3

7 Chequers - 64 High St FOR SALE

Iver, SL0 9NG

Asking Price:

Net Initial Yield:


540£258.15£475,000


NIA:

-

RetailStorefront Retail/ResidentialBuilt 1911 Renov 20151,840 SF


ActiveSale Status:


Sale Conditions: -


Slough, SL1 7JT

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-7.30%

Confirmed

RetailDrug StoreBuilt 1966 Age: 48631 SF

Berkshire County


9 121 High St SOLD

Slough, SL1 7JZ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed


Berkshire County


10 The Swan - 60 London End (Part of Portfolio) SOLD

Beaconsfield, HP9 2JD

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-4.33%

Research Complete

RetailBar-3,195 SF



11 Beaconsfield Garden Centre - London Rd FOR SALE

Beaconsfield, HP9 1SH

Asking Price:

Net Initial Yield:


22£925.00£9,250,000


NIA:

-

Retail

10,000 SF


ActiveSale Status:


Sale Conditions: -

12 5 London End SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

Retail-1,874 SF




05/07/2018

Page 4

13 14 Oxford Rd FOR SALE

Uxbridge, UB9 4DQ

Asking Price:

Net Initial Yield:


244£100.00£25,000


NIA:

-


Middlesex County

ActiveSale Status:


Sale Conditions: -

14 Topps Tiles - 61 Oxford Rd SOLD

Uxbridge, UB9 4DA

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-5.66%

Public Record


Middlesex County


15 10-10A Packhorse Rd SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-5.20%

Confirmed




16 45-47 Packhorse Rd SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-4.73%

Confirmed




17 55-55a Packhorse Rd SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed






Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-5.75%

Confirmed





05/07/2018

Page 5



Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--




20 65 Packhorse Rd FOR SALE

Gerrards Cross, SL9 8PH

Asking Price:

Net Initial Yield:


21£413.52£875,000


NIA:

5.26%

RetailBank

2,116 SF


ActiveSale Status:


Sale Conditions: -

21 5 Robin Para SOLD

Farnham Common, SL2 3QL

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed


Berkshire County


22 6 Robin Para SOLD

Farnham Common, SL2 3QL

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed


Berkshire County


23 Retail Unit, Unit 125 - 123-125 Stomp Rd (Part of Multi-Unit) SOLD

Slough, SL1 7NN

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete


Berkshire County



Slough, SL1 7NN

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete


Berkshire County



05/07/2018

Page 6


Slough, SL1 7NN

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Research Complete


Berkshire County


26 3 - The Parade - The Broadway SOLD

Farnham Common, SL2 3QJ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed


Berkshire County


27 3 The Broadway SOLD

Farnham Common, SL2 3PQ

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Confirmed

RetailStorefrontBuilt 1989 Age: 28953 SF

Berkshire County


28 1-2 The Broadway East SOLD

Uxbridge, UB9 5HB

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--


Middlesex County


29 1 The Highway (Part of Multi-Property) SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:

--29/12/2016 Bldg Type:

Year Built/Age:NIA:

--

Research Complete



Research Status:Sale Conditions: Bulk/Portfolio Sale, Sale LeasebackComp ID: 3851684

30 10-11 The Highway SOLD


Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

-3.76%

Research Complete

Retail-3,444 SF




05/07/2018

Page 7

31 1-3 Thornbridge Rd SOLD

Iver, SL0 0PU

Sale Date:

Reversionary Yield:


Net Initial Yield:


Year Built/Age:NIA:

--

Public Record




32 2 Wellesley Ave FOR SALE

Iver, SL0 9AY

Asking Price:

Net Initial Yield:


146£110.00£55,000


NIA:

-



ActiveSale Status:


Sale Conditions: -


05/07/2018

Page 8

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