1, FAIRGREEN ROAD, CADDINGTON, LUTON, LU1 4JG - £300,000

1 FAIRGREEN ROAD is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £300,000 in November 2018, which was around 41% below the average November 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

1 FAIRGREEN ROAD Sold Prices

Land registry data shows four sales for 1 FAIRGREEN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 1 FAIRGREEN ROAD 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
2018 26 NOV	£300,000	£508,200	41% below HPI
2007 5 SEP	£244,950	£338,818	28% below HPI
2007 23 FEB	£234,000	£316,595	26% below HPI
2004 15 OCT	£187,000	£289,508	35% below HPI

1 FAIRGREEN ROAD 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 four 1 FAIRGREEN ROAD sales between October 2004 and November 2018 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 September 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 FAIRGREEN ROAD?

1 FAIRGREEN ROAD is 59m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses by size in Caddington, and where 1 FAIRGREEN ROAD lies on this distribution: 2% of detached houses are smaller than 1 FAIRGREEN ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Caddington.

1 FAIRGREEN ROAD: Plot and Title Map

1 FAIRGREEN ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 1 FAIRGREEN ROAD, 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 1 FAIRGREEN ROAD). 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 1 FAIRGREEN ROAD?

1 FAIRGREEN ROAD is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 1 on FAIRGREEN ROAD.