2, THE RAILWAY, HENLOW, SG16 6FN - £470,000

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 THE RAILWAY is a small extended detached house of 119m², built sometime between 2003 and 2006. It was last sold for £470,000 in March 2022, which was around 13% below the average March 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 THE RAILWAY Sold Prices

Land registry data shows two sales for 2 THE RAILWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 2 THE RAILWAY 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
2022 18 MAR	£470,000	£537,378	13% below HPI
2004 27 AUG	£231,500	£285,383	19% below HPI

2 THE RAILWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 2 THE RAILWAY sales from August 2004 and March 2022 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 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 THE RAILWAY?

2 THE RAILWAY is 119m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Lower Stondon, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Stondon, and where 2 THE RAILWAY lies on this distribution: 30% of detached houses are smaller than 2 THE RAILWAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Lower Stondon.

2 THE RAILWAY: Plot and Title Map

2 THE RAILWAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 THE RAILWAY, 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 THE RAILWAY). 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 THE RAILWAY?

2 THE RAILWAY is located in HENLOW, in the SG16 postcode district. The below map shows the position of No. 2 on THE RAILWAY.