16, MARDLE CLOSE, CADDINGTON, LUTON, LU1 4EZ - £440,000

16 MARDLE CLOSE is a very large detached house of 152m², built sometime between 1991 and 1995. It was last sold for £440,000 in October 2012, which was around 37% above the average October 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

16 MARDLE CLOSE Sold Prices

Land registry data shows five sales for 16 MARDLE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 16 MARDLE CLOSE sales were 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 12 OCT	£440,000	£320,509	37% above HPI
2000 19 SEP	£305,000	£185,308	65% above HPI
1998 13 NOV	£232,500	£134,315	73% above HPI
1998 17 APR	£223,000	£127,846	74% above HPI
1996 12 DEC	£187,000	£103,484	81% above HPI

16 MARDLE CLOSE 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 five 16 MARDLE CLOSE sales between December 1996 and October 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 September 2000 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2012 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 16 MARDLE CLOSE?

16 MARDLE CLOSE is 152m² according to the EPC inspection conducted in December 2010. This puts it in the largest 20% of detached houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses by size in Caddington, and where 16 MARDLE CLOSE lies on this distribution: 86% of detached houses are smaller than 16 MARDLE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Caddington.

16 MARDLE CLOSE: Plot and Title Map

16 MARDLE CLOSE sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of 16 MARDLE CLOSE, 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 16 MARDLE CLOSE). 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 16 MARDLE CLOSE?

16 MARDLE CLOSE is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 16 on MARDLE CLOSE.