3, BLACKSMITHS COMMON, CHALTON, LUTON, LU4 9UN - £371,000

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

3 BLACKSMITHS COMMON is a very small extended detached house of 66m², built sometime between 1967 and 1975. It was last sold for £371,000 in June 2021, which was around 26% below the average June 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

3 BLACKSMITHS COMMON Sold Prices

Land registry data shows seven sales for 3 BLACKSMITHS COMMON since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the seven 3 BLACKSMITHS COMMON 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
2021 4 JUN	£371,000	£504,201	26% below HPI
2021 26 FEB	£365,000	£497,370	27% below HPI
2015 23 OCT	£292,000	£419,016	30% below HPI
2005 18 JUL	£219,000	£294,768	26% below HPI
2002 28 JUN	£175,000	£221,977	21% below HPI
1999 30 JUN	£102,000	£137,723	26% below HPI
1996 13 DEC	£80,500	£103,484	22% below HPI

3 BLACKSMITHS COMMON 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 seven 3 BLACKSMITHS COMMON sales between December 1996 and June 2021 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 February 2021 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 BLACKSMITHS COMMON?

3 BLACKSMITHS COMMON is 66m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Chalton, based on EPC data. The below chart shows the distribution of detached houses by size in Chalton, and where 3 BLACKSMITHS COMMON lies on this distribution: Less than 1% of detached houses are smaller than 3 BLACKSMITHS COMMON, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chalton.

3 BLACKSMITHS COMMON: Plot and Title Map

3 BLACKSMITHS COMMON sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 3 BLACKSMITHS COMMON, 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 3 BLACKSMITHS COMMON). 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 3 BLACKSMITHS COMMON?

3 BLACKSMITHS COMMON is located in CHALTON, in the LU4 postcode district. The below map shows the position of No. 3 on BLACKSMITHS COMMON.