1, MEMORIAL LANE, FELMERSHAM, BEDFORD, MK43 7JG - £780,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MEMORIAL LANE is a very large extended semi-detached house of 211m², built sometime between 2007 and 2011, which could now be worth an estimated £789,695. It was last sold for £780,000 in December 2022, which was around 138% above the average December 2022 semi-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 B.

1 MEMORIAL LANE Sold Prices

Land registry data shows two sales for 1 MEMORIAL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bedford local authority area for the corresponding sale date. Both of the two 1 MEMORIAL 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 15 DEC	£780,000	£327,863	138% above HPI
2010 10 DEC	£475,000	£170,633	178% above HPI

1 MEMORIAL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bedford local authority area over time, sourced from the HPI. The two 1 MEMORIAL LANE sales from December 2010 and December 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 December 2010 sale was for 178% above the HPI. So the extrapolation line tracks at 178% above the HPI over time, until the December 2022 sale, where it falls to 138% above the HPI. The line then continues to track at 138% above the HPI.

What might 1 MEMORIAL LANE be worth now?

1 MEMORIAL LANE might now be worth an estimated £789,695.

This is based on house price inflation of 1.2%, between December 2022 and February 2025, for semi-detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for 1 MEMORIAL LANE of £780,000 on 15th December 2022. For the value to have increased from £780,000 to £789,695 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 MEMORIAL LANE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The December 2022 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MEMORIAL LANE has not materially changed since December 2022.

How Large is 1 MEMORIAL LANE?

1 MEMORIAL LANE is 211m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of semi-detached houses houses in Felmersham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Felmersham, and where 1 MEMORIAL LANE lies on this distribution: 87% of semi-detached houses houses are smaller than 1 MEMORIAL LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Felmersham.

1 MEMORIAL LANE: Plot and Title Map

1 MEMORIAL LANE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 1 MEMORIAL 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 MEMORIAL 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 MEMORIAL LANE?

1 MEMORIAL LANE is located in FELMERSHAM, in the MK43 postcode district. The below map shows the position of No. 1 on MEMORIAL LANE.