31, FARADAY GARDENS, STOTFOLD, HITCHIN, SG5 4FW - £190,000

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

31 FARADAY GARDENS is a very small detached house of 68m², built sometime between 2003 and 2006. It was last sold for £190,000 in January 2015, which was around 50% below the average January 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was C.

31 FARADAY GARDENS Sold Prices

Land registry data shows two sales for 31 FARADAY GARDENS 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 31 FARADAY GARDENS 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
2015 30 JAN	£190,000	£381,750	50% below HPI
2006 30 JUN	£175,745	£303,729	42% below HPI

31 FARADAY GARDENS 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 31 FARADAY GARDENS sales from June 2006 and January 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 June 2006 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2015 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 31 FARADAY GARDENS?

31 FARADAY GARDENS is 68m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses by size in Stotfold, and where 31 FARADAY GARDENS lies on this distribution: 3% of detached houses are smaller than 31 FARADAY GARDENS, and 96% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

31 FARADAY GARDENS: Plot and Title Map

31 FARADAY GARDENS sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 31 FARADAY GARDENS, 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 31 FARADAY GARDENS). 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 31 FARADAY GARDENS?

31 FARADAY GARDENS is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 31 on FARADAY GARDENS.