11, THE LANE, CHALTON, LUTON, LU4 9UE - £295,000

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 THE LANE is a small detached house of 113m², built sometime before 1900. It was last sold for £295,000 in March 2012, which was around 6% below the average March 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

11 THE LANE Sold Prices

Land registry data shows three sales for 11 THE LANE 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. One of the three 11 THE LANE sales was for below the average price, whilst two 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
2012 23 MAR	£295,000	£312,942	6% below HPI
2004 29 JUN	£285,000	£276,518	3% above HPI
1998 16 JUN	£142,500	£128,988	10% above HPI

11 THE LANE 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 THE LANE sales between June 1998 and March 2012 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 June 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 11 THE LANE?

11 THE LANE is 113m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of detached houses in Chalton, based on EPC data. The below chart shows the distribution of detached houses by size in Chalton, and where 11 THE LANE lies on this distribution: 39% of detached houses are smaller than 11 THE LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Chalton.

11 THE LANE: Plot and Title Map

11 THE LANE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 11 THE LANE, 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 THE LANE). 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 THE LANE?

11 THE LANE is located in CHALTON, in the LU4 postcode district. The below map shows the position of No. 11 on THE LANE.