3, MEADOW WAY, CADDINGTON, LUTON, LU1 4HA - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MEADOW WAY is a small semi-detached house of 103m², built sometime between 1900 and 1929, which could now be worth an estimated £425,855. It was last sold for £385,000 in March 2022, which was around 15% above the average March 2022 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

3 MEADOW WAY Sold Prices

Land registry data shows three sales for 3 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 3 MEADOW WAY 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
2022 25 MAR	£385,000	£335,845	15% above HPI
2016 8 APR	£335,000	£272,379	23% above HPI
2007 12 OCT	£230,000	£211,363	9% above HPI

3 MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 3 MEADOW WAY sales between October 2007 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 April 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 MEADOW WAY be worth now?

3 MEADOW WAY might now be worth an estimated £425,855.

This is based on house price inflation of 10.6%, between March 2022 and December 2024, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.6% inflationary increase is applied to the most recent sale price for 3 MEADOW WAY of £385,000 on 25th March 2022. For the value to have increased from £385,000 to £425,855 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 3 MEADOW WAY has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The March 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADOW WAY has not materially changed since March 2022.

How Large is 3 MEADOW WAY?

3 MEADOW WAY is 103m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of semi-detached houses houses in Caddington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Caddington, and where 3 MEADOW WAY lies on this distribution: 35% of semi-detached houses houses are smaller than 3 MEADOW WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Caddington.

3 MEADOW WAY: Plot and Title Map

3 MEADOW WAY sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 3 MEADOW 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 MEADOW 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 MEADOW WAY?

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