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
5 ORCHARD CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £222,000 in June 2015, which was around 43% below the average June 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 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 5 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 |
---|---|---|---|
2015 19 JUN | £222,000 | £386,827 | 43% below HPI |
2004 10 JUN | £168,000 | £276,518 | 39% below HPI |
2002 4 MAR | £98,500 | £209,147 | 53% 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 ORCHARD CLOSE sales between March 2002 and June 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 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
5 ORCHARD CLOSE is 69m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Houghton Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Houghton Regis, and where 5 ORCHARD CLOSE lies on this distribution: 7% of detached houses are smaller than 5 ORCHARD CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Houghton Regis.
5 ORCHARD CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 5 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 5 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.
5 ORCHARD CLOSE is located in HOUGHTON REGIS, in the LU5 postcode district. The below map shows the position of No. 5 on ORCHARD CLOSE.