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
2 LAVENDER WAY is a large detached house of 127m², built sometime between 1996 and 2002. It was last sold for £465,000 in June 2021, which was around 8% below the average June 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows five sales for 2 LAVENDER WAY since 1st 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 2 LAVENDER 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 |
---|---|---|---|
2021 30 JUN | £465,000 | £504,201 | 8% below HPI |
2017 11 APR | £410,000 | £481,623 | 15% below HPI |
2003 25 JUL | £243,000 | £269,033 | 10% below HPI |
2000 15 DEC | £159,000 | £184,133 | 14% below HPI |
1998 17 APR | £123,995 | £127,846 | 3% 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 five 2 LAVENDER WAY sales between April 1998 and June 2021 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 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
2 LAVENDER WAY is 127m² according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses in Biggleswade, based on EPC data. The below chart shows the distribution of detached houses by size in Biggleswade, and where 2 LAVENDER WAY lies on this distribution: 60% of detached houses are smaller than 2 LAVENDER WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Biggleswade.
2 LAVENDER WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 LAVENDER 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 LAVENDER 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.
2 LAVENDER WAY is located in BIGGLESWADE, in the SG18 postcode district. The below map shows the position of No. 2 on LAVENDER WAY.