15, MARDLE CLOSE, CADDINGTON, LUTON, LU1 4EZ - £775,000

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

15 MARDLE CLOSE is a very large extended detached house of 168m², built sometime between 1996 and 2002. It was last sold for £775,000 in August 2024, which was around 30% above the average August 2024 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

15 MARDLE CLOSE Sold Prices

Land registry data shows five sales for 15 MARDLE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 15 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
2024 16 AUG	£775,000	£596,666	30% above HPI
2004 28 MAY	£435,000	£276,241	57% above HPI
2002 8 NOV	£392,500	£252,302	56% above HPI
2000 2 JUN	£329,950	£170,146	94% above HPI
1998 31 JUL	£249,995	£129,349	93% above HPI

15 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 five 15 MARDLE CLOSE sales between July 1998 and August 2024 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 May 2004 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2024 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 15 MARDLE CLOSE?

15 MARDLE CLOSE is 168m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses by size in Caddington, and where 15 MARDLE CLOSE lies on this distribution: 92% of detached houses are smaller than 15 MARDLE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Caddington.

15 MARDLE CLOSE: Plot and Title Map

15 MARDLE CLOSE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 15 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 15 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 15 MARDLE CLOSE?

15 MARDLE CLOSE is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 15 on MARDLE CLOSE.