18, THE CRESCENT, CADDINGTON, LUTON, LU1 4JA - £245,000

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 THE CRESCENT is a very small semi-detached house of 70m², built sometime between 1950 and 1966. It was last sold for £245,000 in February 2011, which was around 22% below the average February 2011 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

18 THE CRESCENT Sold Prices

Land registry data shows six sales for 18 THE CRESCENT since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the six 18 THE CRESCENT 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
2011 11 FEB	£245,000	£312,408	22% below HPI
2007 26 APR	£219,995	£320,082	31% below HPI
2007 30 MAR	£210,000	£314,696	33% below HPI
2001 27 APR	£138,500	£187,170	26% below HPI
1999 27 AUG	£101,000	£143,924	30% below HPI
1997 18 JUL	£73,500	£114,327	36% below HPI

18 THE CRESCENT 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 six 18 THE CRESCENT sales between July 1997 and February 2011 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 April 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2011 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 18 THE CRESCENT?

18 THE CRESCENT is 70m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 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 18 THE CRESCENT lies on this distribution: 9% of detached houses are smaller than 18 THE CRESCENT, and 91% of houses are larger. Note that EPC data is not available for all properties in Caddington.

18 THE CRESCENT: Plot and Title Map

18 THE CRESCENT sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 18 THE CRESCENT, 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 THE CRESCENT). 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 THE CRESCENT?

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