3, CHAPEL WAY, HENLOW, SG16 6PB - £392,000

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 CHAPEL WAY is a very small extended detached house of 71m², built sometime between 1996 and 2002. It was last sold for £392,000 in August 2022, which was around 31% below the average August 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

3 CHAPEL WAY Sold Prices

Land registry data shows three sales for 3 CHAPEL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 3 CHAPEL 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
2022 12 AUG	£392,000	£566,362	31% below HPI
2002 6 DEC	£167,000	£257,292	35% below HPI
1997 3 JUL	£83,000	£114,327	27% below HPI

3 CHAPEL WAY 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 three 3 CHAPEL WAY sales between July 1997 and August 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 December 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 CHAPEL WAY?

3 CHAPEL WAY is 71m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Henlow, based on EPC data. The below chart shows the distribution of detached houses by size in Henlow, and where 3 CHAPEL WAY lies on this distribution: 2% of detached houses are smaller than 3 CHAPEL WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Henlow.

3 CHAPEL WAY: Plot and Title Map

3 CHAPEL WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 3 CHAPEL 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 3 CHAPEL 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.

Where is 3 CHAPEL WAY?

3 CHAPEL WAY is located in HENLOW, in the SG16 postcode district. The below map shows the position of No. 3 on CHAPEL WAY.