5, IVEL CLOSE, LANGFORD, BIGGLESWADE, SG18 9RW - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 IVEL CLOSE is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £225,000 in March 2008, which was around 34% below the average March 2008 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

5 IVEL CLOSE Sold Prices

Land registry data shows three sales for 5 IVEL CLOSE since 1^st 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 5 IVEL 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
2008 11 MAR	£225,000	£342,175	34% below HPI
2001 7 SEP	£150,000	£200,602	25% below HPI
1998 16 NOV	£101,000	£134,315	25% below HPI

5 IVEL CLOSE 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 three 5 IVEL CLOSE sales between November 1998 and March 2008 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 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2008 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 5 IVEL CLOSE?

5 IVEL CLOSE is 80m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Langford, based on EPC data. The below chart shows the distribution of detached houses by size in Langford, and where 5 IVEL CLOSE lies on this distribution: 6% of detached houses are smaller than 5 IVEL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Langford.

5 IVEL CLOSE: Plot and Title Map

5 IVEL CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 5 IVEL 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 5 IVEL 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.

Where is 5 IVEL CLOSE?

5 IVEL CLOSE is located in LANGFORD, in the SG18 postcode district. The below map shows the position of No. 5 on IVEL CLOSE.