8, ORCHARD WAY, FLITWICK, BEDFORD, MK45 1LF - £300,000

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

8 ORCHARD WAY is a very small extended detached house of 61m², built sometime between 1967 and 1975. It was last sold for £300,000 in July 2020, which was around 40% below the average July 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

8 ORCHARD WAY Sold Prices

Land registry data shows two sales for 8 ORCHARD 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 ORCHARD 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
2020 27 JUL	£300,000	£496,799	40% below HPI
2001 5 MAR	£98,250	£185,333	47% below HPI

8 ORCHARD 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 ORCHARD WAY sales from March 2001 and July 2020 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 March 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 8 ORCHARD WAY?

8 ORCHARD WAY is 61m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Flitwick, based on EPC data. The below chart shows the distribution of detached houses by size in Flitwick, and where 8 ORCHARD WAY lies on this distribution: 1% of detached houses are smaller than 8 ORCHARD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

8 ORCHARD WAY: Plot and Title Map

8 ORCHARD WAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 8 ORCHARD 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 ORCHARD 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 ORCHARD WAY?

8 ORCHARD WAY is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 8 on ORCHARD WAY.