53, PARK LANE, HENLOW, SG16 6AT - £365,000

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

53 PARK LANE is a small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £365,000 in April 2018, which was around 28% below the average April 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

53 PARK LANE Sold Prices

Land registry data shows three sales for 53 PARK LANE 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. Two of the three 53 PARK LANE sales were for below the average price, whilst one 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
2018 5 APR	£365,000	£505,593	28% below HPI
2002 14 MAY	£199,000	£215,340	8% below HPI
1996 1 JUL	£105,000	£101,685	3% above HPI

53 PARK LANE 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 53 PARK LANE sales between July 1996 and April 2018 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 53 PARK LANE?

53 PARK LANE is 108m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Henlow, based on EPC data. The below chart shows the distribution of detached houses by size in Henlow, and where 53 PARK LANE lies on this distribution: 22% of detached houses are smaller than 53 PARK LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Henlow.

53 PARK LANE: Plot and Title Map

53 PARK LANE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 53 PARK 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 53 PARK 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.

Where is 53 PARK LANE?

53 PARK LANE is located in HENLOW, in the SG16 postcode district. The below map shows the position of No. 53 on PARK LANE.