11, MARDLE CLOSE, CADDINGTON, LUTON, LU1 4EZ - £495,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 MARDLE CLOSE is a large extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £495,000 in July 2020, which was about the average July 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

11 MARDLE CLOSE Sold Prices

Land registry data shows three sales for 11 MARDLE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. The three 11 MARDLE CLOSE sales were a mix of roughly equal to the average price, and 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
2020 14 JUL	£495,000	£496,799	Close to HPI
2016 28 JAN	£500,000	£437,681	14% above HPI
1997 18 MAR	£145,000	£106,556	36% above HPI

11 MARDLE 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 three 11 MARDLE CLOSE sales between March 1997 and July 2020 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 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 11 MARDLE CLOSE?

11 MARDLE CLOSE is 139m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 30% of detached houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses by size in Caddington, and where 11 MARDLE CLOSE lies on this distribution: 72% of detached houses are smaller than 11 MARDLE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Caddington.

11 MARDLE CLOSE: Plot and Title Map

11 MARDLE CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 11 MARDLE 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 11 MARDLE 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 11 MARDLE CLOSE?

11 MARDLE CLOSE is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 11 on MARDLE CLOSE.