2, CHAPEL WAY, HENLOW, SG16 6PB - £194,000

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

2 CHAPEL WAY is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £194,000 in July 2011, which was around 37% below the average July 2011 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

2 CHAPEL WAY Sold Prices

Land registry data shows two sales for 2 CHAPEL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 2 CHAPEL WAY 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 7 JUL	£194,000	£307,946	37% below HPI
1996 9 AUG	£70,500	£103,301	32% below HPI

2 CHAPEL WAY 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 two 2 CHAPEL WAY sales from August 1996 and July 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 August 1996 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2011 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 CHAPEL WAY?

2 CHAPEL WAY is 67m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Henlow, based on EPC data. The below chart shows the distribution of detached houses by size in Henlow, and where 2 CHAPEL WAY lies on this distribution: 1% of detached houses are smaller than 2 CHAPEL WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Henlow.

2 CHAPEL WAY: Plot and Title Map

2 CHAPEL WAY sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 2 CHAPEL WAY, 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 2 CHAPEL WAY). 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 2 CHAPEL WAY?

2 CHAPEL WAY is located in HENLOW, in the SG16 postcode district. The below map shows the position of No. 2 on CHAPEL WAY.