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 MAGER WAY is a very small detached house of 100m², built sometime between 2003 and 2006. It was last sold for £395,000 in July 2016, which was around 14% below the average July 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 2 MAGER WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 2 MAGER 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 |
---|---|---|---|
2016 18 JUL | £395,000 | £459,995 | 14% below HPI |
2010 5 JUL | £295,000 | £318,418 | 7% below HPI |
2006 9 OCT | £290,000 | £312,207 | 7% below HPI |
2006 5 JUL | £260,000 | £306,550 | 15% 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 four 2 MAGER WAY sales between July 2006 and July 2016 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 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
2 MAGER WAY is 100m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Langford, based on EPC data. The below chart shows the distribution of detached houses by size in Langford, and where 2 MAGER WAY lies on this distribution: 19% of detached houses are smaller than 2 MAGER WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Langford.
2 MAGER WAY sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 2 MAGER 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 MAGER 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 MAGER WAY is located in LANGFORD, in the SG18 postcode district. The below map shows the position of No. 2 on MAGER WAY.