54, HOLLY FARM CLOSE, CADDINGTON, LUTON, LU1 4ET - £515,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

54 HOLLY FARM CLOSE is a large detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £589,970. It was last sold for £515,000 in December 2021, which was around 5% below the average December 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

54 HOLLY FARM CLOSE Sold Prices

Land registry data shows three sales for 54 HOLLY FARM 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. Two of the three 54 HOLLY FARM CLOSE 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
2021 17 DEC	£515,000	£544,331	5% below HPI
2013 27 AUG	£320,000	£336,857	5% below HPI
2005 3 MAR	£312,000	£297,298	5% above HPI

54 HOLLY FARM 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 54 HOLLY FARM CLOSE sales between March 2005 and December 2021 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 August 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2021 sale, which was also at 5% below the HPI.

What might 54 HOLLY FARM CLOSE be worth now?

54 HOLLY FARM CLOSE might now be worth an estimated £589,970.

This is based on house price inflation of 14.6%, between December 2021 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 54 HOLLY FARM CLOSE of £515,000 on 17th December 2021. For the value to have increased from £515,000 to £589,970 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 54 HOLLY FARM CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The December 2021 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 54 HOLLY FARM CLOSE has not materially changed since December 2021.

How Large is 54 HOLLY FARM CLOSE?

54 HOLLY FARM CLOSE is 141m² according to the EPC inspection conducted in August 2012. This puts it in the largest 30% of detached houses houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caddington, and where 54 HOLLY FARM CLOSE lies on this distribution: 75% of detached houses houses are smaller than 54 HOLLY FARM CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Caddington.

54 HOLLY FARM CLOSE: Plot and Title Map

54 HOLLY FARM CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 54 HOLLY FARM 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 54 HOLLY FARM 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 54 HOLLY FARM CLOSE?

54 HOLLY FARM CLOSE is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 54 on HOLLY FARM CLOSE.