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 ELM FARM CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £193,000 in May 2012, which was around 39% below the average May 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 2 ELM FARM CLOSE since 1st 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 2 ELM FARM 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 |
---|---|---|---|
2012 4 MAY | £193,000 | £314,280 | 39% below HPI |
2002 26 JUL | £164,000 | £229,491 | 29% below HPI |
1999 4 MAR | £85,000 | £135,298 | 37% below HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 2 ELM FARM CLOSE sales between March 1999 and May 2012 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 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2012 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
2 ELM FARM CLOSE is 80m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in Clifton, and where 2 ELM FARM CLOSE lies on this distribution: 6% of detached houses are smaller than 2 ELM FARM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Clifton.
2 ELM FARM CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 2 ELM FARM 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 2 ELM FARM 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.
2 ELM FARM CLOSE is located in CLIFTON, in the SG17 postcode district. The below map shows the position of No. 2 on ELM FARM CLOSE.