Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 ELM FARM CLOSE is a small extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £365,000 in February 2021, which was around 27% below the average February 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 1 ELM FARM CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 1 ELM FARM CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2021 19 FEB | £365,000 | £497,370 | 27% below HPI |
2006 10 JAN | £216,500 | £292,501 | 26% below HPI |
2001 16 NOV | £145,000 | £203,726 | 29% below HPI |
1999 28 JUN | £20,000 | £137,723 | 85% below HPI |
1996 25 NOV | £75,000 | £103,766 | 28% below HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The five 1 ELM FARM CLOSE sales between November 1996 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
1 ELM FARM CLOSE is 111m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in Clifton, and where 1 ELM FARM CLOSE lies on this distribution: 34% of detached houses are smaller than 1 ELM FARM CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Clifton.
1 ELM FARM CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 1 ELM FARM CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 ELM FARM CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
1 ELM FARM CLOSE is located in CLIFTON, in the SG17 postcode district. The below map shows the position of No. 1 on ELM FARM CLOSE.