12, LOAK CLOSE, CLAPHAM, BEDFORD, MK41 6GQ - £485,000

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

12 LOAK CLOSE is a very large extended detached house of 176m², built sometime between 2003 and 2006. It was last sold for £485,000 in January 2020, which was around 4% above the average January 2020 detached price in the Bedford local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

12 LOAK CLOSE Sold Prices

Land registry data shows two sales for 12 LOAK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 12 LOAK CLOSE sales 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
2020 29 JAN	£485,000	£466,593	4% above HPI
2003 28 NOV	£365,000	£252,789	44% above HPI

12 LOAK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 12 LOAK CLOSE sales from November 2003 and January 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 November 2003 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the January 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 12 LOAK CLOSE?

12 LOAK CLOSE is 176m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses in Clapham, based on EPC data. The below chart shows the distribution of detached houses by size in Clapham, and where 12 LOAK CLOSE lies on this distribution: 85% of detached houses are smaller than 12 LOAK CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Clapham.

12 LOAK CLOSE: Plot and Title Map

12 LOAK CLOSE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 12 LOAK 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 12 LOAK 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 12 LOAK CLOSE?

12 LOAK CLOSE is located in CLAPHAM, in the MK41 postcode district. The below map shows the position of No. 12 on LOAK CLOSE.