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 MIDLAND GARDENS is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £316,000 in October 2015, which was around 25% below the average October 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 5 MIDLAND GARDENS 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 5 MIDLAND 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 2 OCT | £316,000 | £419,016 | 25% below HPI |
2010 23 APR | £246,000 | £304,802 | 19% below HPI |
2003 3 DEC | £199,995 | £273,317 | 27% 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 5 MIDLAND GARDENS sales between December 2003 and October 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 April 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
5 MIDLAND GARDENS is 118m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of detached houses in Shefford, based on EPC data. The below chart shows the distribution of detached houses by size in Shefford, and where 5 MIDLAND GARDENS lies on this distribution: 44% of detached houses are smaller than 5 MIDLAND GARDENS, and 56% of houses are larger. Note that EPC data is not available for all properties in Shefford.
5 MIDLAND GARDENS sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 5 MIDLAND 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 5 MIDLAND 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.
5 MIDLAND GARDENS is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 5 on MIDLAND GARDENS.