12A, IVY LANE, WILSTEAD, BEDFORD, MK45 3DN - £345,000

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.

12A IVY LANE is a small detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £404,906. It was last sold for £345,000 in November 2018, which was around 25% below the average November 2018 detached price in the Bedford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

12A IVY LANE Sold Prices

Land registry data shows four sales for 12A IVY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 12A IVY LANE 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
2018 29 NOV	£345,000	£459,578	25% below HPI
2009 30 OCT	£235,000	£275,062	15% below HPI
2001 12 SEP	£50,000	£181,829	73% below HPI
1999 23 NOV	£111,280	£133,539	17% below HPI

12A IVY 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 four 12A IVY LANE sales between November 1999 and November 2018 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 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 12A IVY LANE be worth now?

12A IVY LANE might now be worth an estimated £404,906.

This is based on house price inflation of 17.4%, between November 2018 and February 2025, for 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 17.4% inflationary increase is applied to the most recent sale price for 12A IVY LANE of £345,000 on 29th November 2018. For the value to have increased from £345,000 to £404,906 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 12A IVY LANE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The November 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 12A IVY LANE has not materially changed since November 2018.

How Large is 12A IVY LANE?

12A IVY LANE is 105m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses houses in Wilstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wilstead, and where 12A IVY LANE lies on this distribution: 27% of detached houses houses are smaller than 12A IVY LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wilstead.

12A IVY LANE: Plot and Title Map

12A IVY LANE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 12A IVY 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 12A IVY 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 12A IVY LANE?

12A IVY LANE is located in WILSTEAD, in the MK45 postcode district. The below map shows the position of No. 12A on IVY LANE.