31, SCHOOL LANE, GREENFIELD, BEDFORD, MK45 5DE - £390,000

31 SCHOOL LANE is a very small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £390,000 in July 2020, which was around 21% below the average July 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was A.

31 SCHOOL LANE Sold Prices

Land registry data shows two sales for 31 SCHOOL LANE 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 31 SCHOOL LANE 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 15 JUL	£390,000	£496,799	21% below HPI
2004 27 SEP	£278,000	£289,613	4% below HPI

31 SCHOOL LANE 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 31 SCHOOL LANE sales from September 2004 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 September 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 31 SCHOOL LANE?

31 SCHOOL LANE is 100m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in Greenfield, based on EPC data. The below chart shows the distribution of detached houses by size in Greenfield, and where 31 SCHOOL LANE lies on this distribution: 13% of detached houses are smaller than 31 SCHOOL LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Greenfield.

31 SCHOOL LANE: Plot and Title Map

31 SCHOOL LANE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 31 SCHOOL LANE, 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 31 SCHOOL LANE). 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 31 SCHOOL LANE?

31 SCHOOL LANE is located in GREENFIELD, in the MK45 postcode district. The below map shows the position of No. 31 on SCHOOL LANE.