12, ORKNEY CLOSE, STEWKLEY, LEIGHTON BUZZARD, LU7 0JF - £560,000

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 ORKNEY CLOSE is a small extended detached house of 123m², built sometime between 1976 and 1982. It was last sold for £560,000 in October 2023, which was around 31% below the average October 2023 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

12 ORKNEY CLOSE Sold Prices

Land registry data shows three sales for 12 ORKNEY 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 Buckinghamshire local authority area for the corresponding sale date. All of the three 12 ORKNEY CLOSE sales were for below 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
2023 24 OCT	£560,000	£815,223	31% below HPI
2010 2 JUL	£335,000	£478,395	30% below HPI
2007 20 JUN	£344,000	£469,109	27% below HPI

12 ORKNEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The three 12 ORKNEY CLOSE sales between June 2007 and October 2023 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 July 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 ORKNEY CLOSE?

12 ORKNEY CLOSE is 123m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Stewkley, based on EPC data. The below chart shows the distribution of detached houses by size in Stewkley, and where 12 ORKNEY CLOSE lies on this distribution: 34% of detached houses are smaller than 12 ORKNEY CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Stewkley.

12 ORKNEY CLOSE: Plot and Title Map

12 ORKNEY CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 12 ORKNEY 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 ORKNEY 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 ORKNEY CLOSE?

12 ORKNEY CLOSE is located in STEWKLEY, in the LU7 postcode district. The below map shows the position of No. 12 on ORKNEY CLOSE.