22, LOAK CLOSE, CLAPHAM, BEDFORD, MK41 6GQ - £375,000

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

22 LOAK CLOSE is a midsized extended detached house of 127m², built sometime between 2003 and 2006. It was last sold for £375,000 in November 2019, which was around 20% below the average November 2019 detached price in the Bedford local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

22 LOAK CLOSE Sold Prices

Land registry data shows four sales for 22 LOAK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Most of the four 22 LOAK CLOSE 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
2019 21 NOV	£375,000	£467,221	20% below HPI
2013 2 JUL	£266,250	£307,556	13% below HPI
2011 1 AUG	£250,000	£298,682	16% below HPI
2003 31 OCT	£259,950	£252,759	3% above HPI

22 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 four 22 LOAK CLOSE sales between October 2003 and November 2019 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 22 LOAK CLOSE?

22 LOAK CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses in Clapham, based on EPC data. The below chart shows the distribution of detached houses by size in Clapham, and where 22 LOAK CLOSE lies on this distribution: 55% of detached houses are smaller than 22 LOAK CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Clapham.

22 LOAK CLOSE: Plot and Title Map

22 LOAK CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 22 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 22 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 22 LOAK CLOSE?

22 LOAK CLOSE is located in CLAPHAM, in the MK41 postcode district. The below map shows the position of No. 22 on LOAK CLOSE.