12, LANCASTER PLACE, SHEFFORD, SG17 5UF - £195,000

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.

12 LANCASTER PLACE is a very small extended semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £314,647. It was last sold for £195,000 in January 2015, which was around 17% below the average January 2015 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

12 LANCASTER PLACE Sold Prices

Land registry data shows seven sales for 12 LANCASTER PLACE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. The seven 12 LANCASTER PLACE sales were a mix of below the average price, and roughly equal to 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
2015 8 JAN	£195,000	£235,089	17% below HPI
2013 17 DEC	£156,000	£206,181	24% below HPI
2009 27 MAR	£156,000	£177,785	12% below HPI
2007 30 JAN	£158,000	£199,617	21% below HPI
2002 20 DEC	£125,995	£151,243	17% below HPI
2000 30 JUN	£84,950	£99,526	15% below HPI
1996 26 APR	£57,950	£57,822	Close to HPI

12 LANCASTER PLACE 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 seven 12 LANCASTER PLACE sales between April 1996 and January 2015 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 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2015 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 12 LANCASTER PLACE be worth now?

12 LANCASTER PLACE might now be worth an estimated £314,647.

This is based on house price inflation of 61.4%, between January 2015 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 61.4% inflationary increase is applied to the most recent sale price for 12 LANCASTER PLACE of £195,000 on 8th January 2015. For the value to have increased from £195,000 to £314,647 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 LANCASTER PLACE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The January 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LANCASTER PLACE has not materially changed since January 2015.

How Large is 12 LANCASTER PLACE?

12 LANCASTER PLACE is 56m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of semi-detached houses houses in Shefford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shefford, and where 12 LANCASTER PLACE lies on this distribution: 1% of semi-detached houses houses are smaller than 12 LANCASTER PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shefford.

12 LANCASTER PLACE: Plot and Title Map

12 LANCASTER PLACE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 12 LANCASTER PLACE, 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 LANCASTER PLACE). 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 LANCASTER PLACE?

12 LANCASTER PLACE is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 12 on LANCASTER PLACE.