Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 LOTUS MEWS is a very small extended detached house of 60m², built sometime from 2012 onwards. It was last sold for £215,000 in September 2021, which was around 58% below the average September 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 LOTUS MEWS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 7 LOTUS MEWS 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 |
---|---|---|---|
2021 10 SEP | £215,000 | £513,019 | 58% below HPI |
2015 4 AUG | £166,500 | £402,635 | 59% 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 two 7 LOTUS MEWS sales from August 2015 and September 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 2015 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the September 2021 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.
7 LOTUS MEWS is 60m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in Dunstable, based on EPC data. The below chart shows the distribution of detached houses by size in Dunstable, and where 7 LOTUS MEWS lies on this distribution: 1% of detached houses are smaller than 7 LOTUS MEWS, and 99% of houses are larger. Note that EPC data is not available for all properties in Dunstable.
7 LOTUS MEWS sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 7 LOTUS MEWS, 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 LOTUS MEWS). 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.
7 LOTUS MEWS is located in DUNSTABLE, in the LU6 postcode district. The below map shows the position of No. 7 on LOTUS MEWS.