1, MARSH LANE, MILTON ERNEST, BEDFORD, MK44 1RB - £595,000

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

1 MARSH LANE is a large detached house of 203m², built sometime between 1967 and 1975. It was last sold for £595,000 in November 2022, which was around 6% above the average November 2022 detached price in the Bedford local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

1 MARSH LANE Sold Prices

Land registry data shows five sales for 1 MARSH LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Most of the five 1 MARSH LANE 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
2022 2 NOV	£595,000	£559,470	6% above HPI
2012 8 OCT	£355,000	£303,444	17% above HPI
2009 16 JUL	£305,000	£269,922	13% above HPI
2005 11 MAY	£368,000	£274,702	34% above HPI
1995 1 SEP	£80,000	£95,121	16% below HPI

1 MARSH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The five 1 MARSH LANE sales between September 1995 and November 2022 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 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 1 MARSH LANE?

1 MARSH LANE is 203m² according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Milton Ernest, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Ernest, and where 1 MARSH LANE lies on this distribution: 78% of detached houses are smaller than 1 MARSH LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Milton Ernest.

1 MARSH LANE: Plot and Title Map

1 MARSH LANE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 1 MARSH 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 1 MARSH 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 1 MARSH LANE?

1 MARSH LANE is located in MILTON ERNEST, in the MK44 postcode district. The below map shows the position of No. 1 on MARSH LANE.