8, ORCHARD WAY, LOWER STONDON, HENLOW, SG16 6NA - £325,000

8 ORCHARD WAY is a very small extended detached house of 89m², built sometime between 2003 and 2006. It was last sold for £325,000 in February 2021, which was around 35% below the average February 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

8 ORCHARD WAY Sold Prices

Land registry data shows five sales for 8 ORCHARD WAY 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 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
2021 2 FEB	£325,000	£497,370	35% below HPI
2018 18 APR	£295,000	£505,593	42% below HPI
2014 29 AUG	£215,000	£364,131	41% below HPI
2010 20 AUG	£182,500	£320,712	43% below HPI
2005 2 SEP	£159,995	£298,587	46% 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 five 8 ORCHARD WAY sales between September 2005 and February 2021 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 April 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8 ORCHARD WAY?

8 ORCHARD WAY is 89m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% 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 ORCHARD WAY lies on this distribution: 6% of detached houses are smaller than 8 ORCHARD WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Lower Stondon.

8 ORCHARD WAY: Plot and Title Map

8 ORCHARD WAY sits on a plot of roughly 0.036 of an acre, or 146m². 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 LOWER STONDON, in the SG16 postcode district. The below map shows the position of No. 8 on ORCHARD WAY.