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
56 THE BRACHE is a very small extended detached house of 45m², built sometime before 1900. It was last sold for £161,000 in November 2006, which was around 49% below the average November 2006 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was A.
Land registry data shows three sales for 56 THE BRACHE 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 56 THE BRACHE 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 |
---|---|---|---|
2006 3 NOV | £161,000 | £314,710 | 49% below HPI |
2003 16 OCT | £120,000 | £272,371 | 56% below HPI |
1995 25 OCT | £40,000 | £98,886 | 60% 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 56 THE BRACHE sales between October 1995 and November 2006 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 October 2003 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the November 2006 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.
56 THE BRACHE is 45m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Maulden, based on EPC data. The below chart shows the distribution of detached houses by size in Maulden, and where 56 THE BRACHE lies on this distribution: Less than 1% of detached houses are smaller than 56 THE BRACHE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Maulden.
56 THE BRACHE sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 56 THE BRACHE, 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 56 THE BRACHE). 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.
56 THE BRACHE is located in MAULDEN, in the MK45 postcode district. The below map shows the position of No. 56 on THE BRACHE.