18, MARDLE CLOSE, CADDINGTON, LUTON, LU1 4EZ - £500,000

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

18 MARDLE CLOSE is a midsized extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £500,000 in September 2015, which was around 21% above the average September 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

18 MARDLE CLOSE Sold Prices

Land registry data shows three sales for 18 MARDLE 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 Central Bedfordshire local authority area for the corresponding sale date. All of the three 18 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	£500,000	£413,931	21% above HPI
2008 4 JUL	£380,000	£330,461	15% above HPI
1996 31 OCT	£140,000	£104,583	34% above HPI

18 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 three 18 MARDLE CLOSE sales between October 1996 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 July 2008 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2015 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 18 MARDLE CLOSE?

18 MARDLE CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses by size in Caddington, and where 18 MARDLE CLOSE lies on this distribution: 55% of detached houses are smaller than 18 MARDLE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Caddington.

18 MARDLE CLOSE: Plot and Title Map

18 MARDLE CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 18 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 18 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 18 MARDLE CLOSE?

18 MARDLE CLOSE is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 18 on MARDLE CLOSE.