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
44 ORCHARD CLOSE is a small extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £470,000 in March 2023, which was around 18% below the average March 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 44 ORCHARD CLOSE since 1st 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 44 ORCHARD CLOSE 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 |
---|---|---|---|
2023 24 MAR | £470,000 | £576,170 | 18% below HPI |
2015 5 JUN | £295,000 | £386,827 | 24% below HPI |
1996 27 SEP | £83,000 | £104,302 | 20% below HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 44 ORCHARD CLOSE sales between September 1996 and March 2023 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
44 ORCHARD CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses in Meppershall, based on EPC data. The below chart shows the distribution of detached houses by size in Meppershall, and where 44 ORCHARD CLOSE lies on this distribution: 29% of detached houses are smaller than 44 ORCHARD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Meppershall.
44 ORCHARD CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 44 ORCHARD 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 44 ORCHARD 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.
44 ORCHARD CLOSE is located in MEPPERSHALL, in the SG17 postcode district. The below map shows the position of No. 44 on ORCHARD CLOSE.