3, MARDLE CLOSE, CADDINGTON, LUTON, LU1 4EZ - £465,000

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

3 MARDLE CLOSE is a very large detached house of 151m², built sometime between 1996 and 2002. It was last sold for £465,000 in August 2015, which was around 15% above the average August 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

3 MARDLE CLOSE Sold Prices

Land registry data shows two sales for 3 MARDLE CLOSE 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 3 MARDLE CLOSE sales were for above 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
2015 4 AUG	£465,000	£402,635	15% above HPI
1997 23 JAN	£180,000	£103,713	74% above HPI

3 MARDLE CLOSE 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 3 MARDLE CLOSE sales from January 1997 and August 2015 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 January 1997 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the August 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 MARDLE CLOSE?

3 MARDLE CLOSE is 151m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses by size in Caddington, and where 3 MARDLE CLOSE lies on this distribution: 81% of detached houses are smaller than 3 MARDLE CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Caddington.

3 MARDLE CLOSE: Plot and Title Map

3 MARDLE CLOSE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 3 MARDLE 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 3 MARDLE 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 3 MARDLE CLOSE?

3 MARDLE CLOSE is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 3 on MARDLE CLOSE.