7, BLACKSMITHS COMMON, CHALTON, LUTON, LU4 9UN - £225,000

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.

7 BLACKSMITHS COMMON is a small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £372,033. It was last sold for £225,000 in September 2014, which was around 40% below the average September 2014 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 BLACKSMITHS COMMON Sold Prices

Land registry data shows three sales for 7 BLACKSMITHS COMMON 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. All of the three 7 BLACKSMITHS COMMON 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
2014 26 SEP	£225,000	£377,126	40% below HPI
1998 31 JUL	£87,000	£132,470	34% below HPI
1995 12 OCT	£71,000	£101,272	30% below HPI

7 BLACKSMITHS COMMON 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 7 BLACKSMITHS COMMON sales between October 1995 and September 2014 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 July 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 7 BLACKSMITHS COMMON be worth now?

7 BLACKSMITHS COMMON might now be worth an estimated £372,033.

This is based on house price inflation of 65.3%, between September 2014 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 65.3% inflationary increase is applied to the most recent sale price for 7 BLACKSMITHS COMMON of £225,000 on 26th September 2014. For the value to have increased from £225,000 to £372,033 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 BLACKSMITHS COMMON has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The September 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BLACKSMITHS COMMON has not materially changed since September 2014.

How Large is 7 BLACKSMITHS COMMON?

7 BLACKSMITHS COMMON is 100m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses houses in Chalton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chalton, and where 7 BLACKSMITHS COMMON lies on this distribution: 28% of detached houses houses are smaller than 7 BLACKSMITHS COMMON, and 72% of houses are larger. Note that EPC data is not available for all properties in Chalton.

7 BLACKSMITHS COMMON: Plot and Title Map

7 BLACKSMITHS COMMON sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 7 BLACKSMITHS COMMON, 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 7 BLACKSMITHS COMMON). 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 7 BLACKSMITHS COMMON?

7 BLACKSMITHS COMMON is located in CHALTON, in the LU4 postcode district. The below map shows the position of No. 7 on BLACKSMITHS COMMON.