3, ORCHARD WAY, STANBRIDGE, LEIGHTON BUZZARD, LU7 9JE - £233,000

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 ORCHARD WAY is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £233,000 in May 2004, which was around 16% below the average May 2004 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

3 ORCHARD WAY Sold Prices

Land registry data shows two sales for 3 ORCHARD WAY 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 ORCHARD 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
2004 6 MAY	£233,000	£276,241	16% below HPI
1998 23 SEP	£97,000	£132,752	27% below HPI

3 ORCHARD 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 two 3 ORCHARD WAY sales from September 1998 and May 2004 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 September 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2004 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 ORCHARD WAY?

3 ORCHARD WAY is 86m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Stanbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stanbridge, and where 3 ORCHARD WAY lies on this distribution: 11% of detached houses are smaller than 3 ORCHARD WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Stanbridge.

3 ORCHARD WAY: Plot and Title Map

3 ORCHARD WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 ORCHARD 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 ORCHARD 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 ORCHARD WAY?

3 ORCHARD WAY is located in STANBRIDGE, in the LU7 postcode district. The below map shows the position of No. 3 on ORCHARD WAY.