12, ELM DRIVE, SILSOE, BEDFORD, MK45 4EU - £290,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 ELM DRIVE is a very small detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £560,126. It was last sold for £290,000 in June 2012, which was around 10% below the average June 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

12 ELM DRIVE Sold Prices

Land registry data shows two sales for 12 ELM DRIVE 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 12 ELM DRIVE 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
2012 29 JUN	£290,000	£322,848	10% below HPI
1999 26 NOV	£127,000	£158,856	20% below HPI

12 ELM DRIVE 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 12 ELM DRIVE sales from November 1999 and June 2012 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 November 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2012 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 12 ELM DRIVE be worth now?

12 ELM DRIVE might now be worth an estimated £560,126.

This is based on house price inflation of 93.1%, between June 2012 and February 2025, for 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 93.1% inflationary increase is applied to the most recent sale price for 12 ELM DRIVE of £290,000 on 29th June 2012. For the value to have increased from £290,000 to £560,126 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 12 ELM DRIVE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The June 2012 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELM DRIVE has not materially changed since June 2012.

How Large is 12 ELM DRIVE?

12 ELM DRIVE is 96m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses houses in Silsoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Silsoe, and where 12 ELM DRIVE lies on this distribution: 12% of detached houses houses are smaller than 12 ELM DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Silsoe.

12 ELM DRIVE: Plot and Title Map

12 ELM DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 12 ELM DRIVE, 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 12 ELM DRIVE). 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 12 ELM DRIVE?

12 ELM DRIVE is located in SILSOE, in the MK45 postcode district. The below map shows the position of No. 12 on ELM DRIVE.