2, LOAK CLOSE, CLAPHAM, BEDFORD, MK41 6GQ - £355,000

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 LOAK CLOSE is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £355,000 in September 2012, which was around 17% above the average September 2012 detached price in the Bedford local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

2 LOAK CLOSE Sold Prices

Land registry data shows three sales for 2 LOAK 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 Bedford local authority area for the corresponding sale date. All of the three 2 LOAK 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
2012 5 SEP	£355,000	£302,612	17% above HPI
2007 24 AUG	£370,000	£313,896	18% above HPI
2002 20 DEC	£320,000	£228,035	40% above HPI

2 LOAK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The three 2 LOAK CLOSE sales between December 2002 and September 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 August 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2012 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 LOAK CLOSE?

2 LOAK CLOSE is 134m² according to the EPC inspection conducted in January 2012. This puts it in the largest 40% of detached houses in Clapham, based on EPC data. The below chart shows the distribution of detached houses by size in Clapham, and where 2 LOAK CLOSE lies on this distribution: 63% of detached houses are smaller than 2 LOAK CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Clapham.

2 LOAK CLOSE: Plot and Title Map

2 LOAK CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 LOAK 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 LOAK 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 2 LOAK CLOSE?

2 LOAK CLOSE is located in CLAPHAM, in the MK41 postcode district. The below map shows the position of No. 2 on LOAK CLOSE.