THE OLD DAIRY, WATLING STREET, HOCKLIFFE, LEIGHTON BUZZARD, LU7 9NF - £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

THE OLD DAIRY is a large extended detached house of 122m², built sometime before 1900. It was last sold for £245,000 in July 2012, which was around 22% below the average July 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was E.

THE OLD DAIRY Sold Prices

Land registry data shows three sales for THE OLD DAIRY 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. Two of the three THE OLD DAIRY sales were for below the average price, whilst one was for above 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
2012 6 JUL	£245,000	£315,620	22% below HPI
2005 28 OCT	£249,000	£296,283	16% below HPI
1999 11 NOV	£197,500	£155,113	27% above HPI

THE OLD DAIRY 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 THE OLD DAIRY sales between November 1999 and July 2012 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 October 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2012 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is THE OLD DAIRY?

THE OLD DAIRY is 122m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses in Hockliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Hockliffe, and where THE OLD DAIRY lies on this distribution: 72% of detached houses are smaller than THE OLD DAIRY, and 28% of houses are larger. Note that EPC data is not available for all properties in Hockliffe.

THE OLD DAIRY: Plot and Title Map

THE OLD DAIRY sits on a plot of roughly 0.134 of an acre, or 540m². The below map shows the location of THE OLD DAIRY, 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 THE OLD DAIRY). 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 THE OLD DAIRY?

THE OLD DAIRY is located on WATLING STREET in HOCKLIFFE, in the LU7 postcode district. The below map shows the position of THE OLD DAIRY on WATLING STREET.