6, ORCHARD LANE, HARROLD, BEDFORD, MK43 7BP - £325,000

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

6 ORCHARD LANE is a very small extended detached house of 87m², built sometime between 2003 and 2006. It was last sold for £325,000 in November 2019, which was around 30% below the average November 2019 detached price in the Bedford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

6 ORCHARD LANE Sold Prices

Land registry data shows three sales for 6 ORCHARD 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 Bedford local authority area for the corresponding sale date. All of the three 6 ORCHARD LANE 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
2019 29 NOV	£325,000	£467,221	30% below HPI
2015 7 AUG	£290,000	£369,824	22% below HPI
2006 17 OCT	£264,000	£299,526	12% below HPI

6 ORCHARD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The three 6 ORCHARD LANE sales between October 2006 and November 2019 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 6 ORCHARD LANE?

6 ORCHARD LANE is 87m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Harrold, based on EPC data. The below chart shows the distribution of detached houses by size in Harrold, and where 6 ORCHARD LANE lies on this distribution: 12% of detached houses are smaller than 6 ORCHARD LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Harrold.

6 ORCHARD LANE: Plot and Title Map

6 ORCHARD LANE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 6 ORCHARD 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 6 ORCHARD 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 6 ORCHARD LANE?

6 ORCHARD LANE is located in HARROLD, in the MK43 postcode district. The below map shows the position of No. 6 on ORCHARD LANE.