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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 ORKNEY CLOSE is a small extended detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £560,319. It was last sold for £560,000 in October 2023, which was around 34% 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	£845,710	34% below HPI
2010 2 JUL	£335,000	£497,731	33% below HPI
2007 20 JUN	£344,000	£488,070	30% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 12 ORKNEY CLOSE be worth now?

12 ORKNEY CLOSE might now be worth an estimated £560,319.

This is based on house price inflation of 0.1%, between October 2023 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% inflationary increase is applied to the most recent sale price for 12 ORKNEY CLOSE of £560,000 on 24th October 2023. For the value to have increased from £560,000 to £560,319 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 ORKNEY CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The October 2023 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ORKNEY CLOSE has not materially changed since October 2023.

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 houses in Stewkley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stewkley, and where 12 ORKNEY CLOSE lies on this distribution: 33% of detached houses 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.