45, THE HERMITAGE, ARLESEY, SG15 6XF - £320,000

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

45 THE HERMITAGE is a very small extended semi-detached house of 92m², built sometime between 2003 and 2006. It was last sold for £320,000 in February 2016, which was around 27% below the average February 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

45 THE HERMITAGE Sold Prices

Land registry data shows four sales for 45 THE HERMITAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 45 THE HERMITAGE 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
2016 18 FEB	£320,000	£436,228	27% below HPI
2006 16 JUN	£211,000	£303,729	31% below HPI
2003 19 DEC	£213,000	£273,317	22% below HPI
2003 29 AUG	£180,000	£270,759	34% below HPI

45 THE HERMITAGE 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 four 45 THE HERMITAGE sales between August 2003 and February 2016 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 45 THE HERMITAGE?

45 THE HERMITAGE is 92m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Arlesey, based on EPC data. The below chart shows the distribution of detached houses by size in Arlesey, and where 45 THE HERMITAGE lies on this distribution: 18% of detached houses are smaller than 45 THE HERMITAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Arlesey.

45 THE HERMITAGE: Plot and Title Map

45 THE HERMITAGE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 45 THE HERMITAGE, 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 45 THE HERMITAGE). 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 45 THE HERMITAGE?

45 THE HERMITAGE is located in ARLESEY, in the SG15 postcode district. The below map shows the position of No. 45 on THE HERMITAGE.