12, MARDLE CLOSE, CADDINGTON, LUTON, LU1 4EZ - £550,000

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

12 MARDLE CLOSE is a large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £550,000 in September 2015, which was around 33% above the average September 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

12 MARDLE CLOSE Sold Prices

Land registry data shows four sales for 12 MARDLE 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. All of the four 12 MARDLE 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
2015 2 SEP	£550,000	£413,931	33% above HPI
2008 29 JAN	£470,000	£349,374	35% above HPI
2000 31 AUG	£345,000	£179,276	92% above HPI
1997 16 MAY	£189,995	£110,200	72% above HPI

12 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 four 12 MARDLE CLOSE sales between May 1997 and September 2015 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 2008 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2015 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 12 MARDLE CLOSE?

12 MARDLE CLOSE is 142m² according to the EPC inspection conducted in July 2021. 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 12 MARDLE CLOSE lies on this distribution: 76% of detached houses are smaller than 12 MARDLE CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Caddington.

12 MARDLE CLOSE: Plot and Title Map

12 MARDLE CLOSE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 12 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 12 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 12 MARDLE CLOSE?

12 MARDLE CLOSE is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 12 on MARDLE CLOSE.