10, FORGE CLOSE, CHALTON, LUTON, LU4 9UT - £490,000

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

10 FORGE CLOSE is a midsized extended detached house of 136m², built sometime between 1991 and 1995. It was last sold for £490,000 in September 2022, which was around 14% below the average September 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

10 FORGE CLOSE Sold Prices

Land registry data shows four sales for 10 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. two of the four 10 FORGE CLOSE sales were for below the average price, and four were for above 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
2022 30 SEP	£490,000	£570,862	14% below HPI
2004 15 MAR	£229,000	£274,462	17% below HPI
1997 9 MAY	£117,000	£110,200	6% above HPI
1995 20 OCT	£108,000	£98,886	9% above HPI

10 FORGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four 10 FORGE CLOSE sales between October 1995 and September 2022 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 March 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 10 FORGE CLOSE?

10 FORGE CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses in Chalton, based on EPC data. The below chart shows the distribution of detached houses by size in Chalton, and where 10 FORGE CLOSE lies on this distribution: 58% of detached houses are smaller than 10 FORGE CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Chalton.

10 FORGE CLOSE: Plot and Title Map

10 FORGE CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 10 FORGE 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 10 FORGE 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.

Where is 10 FORGE CLOSE?

10 FORGE CLOSE is located in CHALTON, in the LU4 postcode district. The below map shows the position of No. 10 on FORGE CLOSE.