2, ORCHARD LANE, HARROLD, BEDFORD, MK43 7BP - £237,000

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 ORCHARD LANE is a very small extended detached house of 83m², built sometime before 1900. It was last sold for £237,000 in September 2014, which was around 31% below the average September 2014 detached price in the Bedford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

2 ORCHARD LANE Sold Prices

Land registry data shows three sales for 2 ORCHARD LANE 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 ORCHARD LANE 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
2014 8 SEP	£237,000	£342,805	31% below HPI
2003 8 AUG	£232,000	£244,414	5% below HPI
2002 11 MAR	£114,500	£197,240	42% below HPI

2 ORCHARD LANE 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 ORCHARD LANE sales between March 2002 and September 2014 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 ORCHARD LANE?

2 ORCHARD LANE is 83m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Harrold, based on EPC data. The below chart shows the distribution of detached houses by size in Harrold, and where 2 ORCHARD LANE lies on this distribution: 7% of detached houses are smaller than 2 ORCHARD LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Harrold.

2 ORCHARD LANE: Plot and Title Map

2 ORCHARD LANE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 2 ORCHARD LANE, 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 ORCHARD LANE). 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 ORCHARD LANE?

2 ORCHARD LANE is located in HARROLD, in the MK43 postcode district. The below map shows the position of No. 2 on ORCHARD LANE.