1, THE GROVE, HOUGHTON CONQUEST, BEDFORD, MK45 3LA - £277,000

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 THE GROVE is a small extended semi-detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £328,224. It was last sold for £277,000 in August 2021, which was around 13% below the average August 2021 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

1 THE GROVE Sold Prices

Land registry data shows three sales for 1 THE GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 1 THE GROVE 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 10 AUG	£277,000	£320,133	13% below HPI
2014 2 OCT	£220,000	£228,898	4% below HPI
2002 14 AUG	£127,500	£137,960	8% below HPI

1 THE GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 1 THE GROVE sales between August 2002 and August 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 October 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 THE GROVE be worth now?

1 THE GROVE might now be worth an estimated £328,224.

This is based on house price inflation of 18.5%, between August 2021 and February 2025, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 1 THE GROVE of £277,000 on 10th August 2021. For the value to have increased from £277,000 to £328,224 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 1 THE GROVE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The August 2021 sale price of £277,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE GROVE has not materially changed since August 2021.

How Large is 1 THE GROVE?

1 THE GROVE is 93m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of semi-detached houses houses in Houghton Conquest, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Houghton Conquest, and where 1 THE GROVE lies on this distribution: 20% of semi-detached houses houses are smaller than 1 THE GROVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Houghton Conquest.

1 THE GROVE: Plot and Title Map

1 THE GROVE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 1 THE GROVE, 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 THE GROVE). 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 THE GROVE?

1 THE GROVE is located in HOUGHTON CONQUEST, in the MK45 postcode district. The below map shows the position of No. 1 on THE GROVE.