8, MIDLAND WAY, HENLOW, SG16 6FH - £245,000

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

8 MIDLAND WAY is a small extended detached house of 118m², built sometime between 2003 and 2006. It was last sold for £245,000 in May 2009, which was around 14% below the average May 2009 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

8 MIDLAND WAY Sold Prices

Land registry data shows two sales for 8 MIDLAND WAY since 1^st 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 8 MIDLAND WAY 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
2009 1 MAY	£245,000	£285,318	14% below HPI
2003 12 DEC	£265,000	£273,317	3% below HPI

8 MIDLAND WAY 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 two 8 MIDLAND WAY sales from December 2003 and May 2009 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 December 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2009 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 MIDLAND WAY?

8 MIDLAND WAY is 118m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Lower Stondon, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Stondon, and where 8 MIDLAND WAY lies on this distribution: 30% of detached houses are smaller than 8 MIDLAND WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Lower Stondon.

8 MIDLAND WAY: Plot and Title Map

8 MIDLAND WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 8 MIDLAND WAY, 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 8 MIDLAND WAY). 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 8 MIDLAND WAY?

8 MIDLAND WAY is located in HENLOW, in the SG16 postcode district. The below map shows the position of No. 8 on MIDLAND WAY.