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 SPINNEY LANE is a very small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £315,000 in June 2013, which was around 2% below the average June 2013 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows two sales for 5 SPINNEY LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. One of the two 5 SPINNEY LANE sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2013 7 JUN | £315,000 | £321,070 | 2% below HPI |
2002 17 MAY | £237,500 | £215,340 | 10% above HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 5 SPINNEY LANE sales from May 2002 and June 2013 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 May 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
5 SPINNEY LANE is 93m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Aspley Guise, based on EPC data. The below chart shows the distribution of detached houses by size in Aspley Guise, and where 5 SPINNEY LANE lies on this distribution: 6% of detached houses are smaller than 5 SPINNEY LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Aspley Guise.
5 SPINNEY LANE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 5 SPINNEY LANE, 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 SPINNEY LANE). 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 SPINNEY LANE is located in ASPLEY GUISE, in the MK17 postcode district. The below map shows the position of No. 5 on SPINNEY LANE.