15, CHESTNUT AVENUE, SILSOE, BEDFORD, MK45 4GP - £425,000

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.

15 CHESTNUT AVENUE is a small detached house of 133m², which could now be worth an estimated £588,413. It was last sold for £425,000 in March 2016, which was around 6% below the average March 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was B, and the potential energy rating was B.

15 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 15 CHESTNUT AVENUE 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. One of the two 15 CHESTNUT AVENUE sales was for below the average price, whilst the other was 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
2016 31 MAR	£425,000	£450,394	6% below HPI
2013 14 JUN	£375,246	£328,817	14% above HPI

15 CHESTNUT AVENUE 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 15 CHESTNUT AVENUE sales from June 2013 and March 2016 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 June 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 15 CHESTNUT AVENUE be worth now?

15 CHESTNUT AVENUE might now be worth an estimated £588,413.

This is based on house price inflation of 38.5%, between March 2016 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 38.5% inflationary increase is applied to the most recent sale price for 15 CHESTNUT AVENUE of £425,000 on 31st March 2016. For the value to have increased from £425,000 to £588,413 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 15 CHESTNUT AVENUE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The March 2016 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHESTNUT AVENUE has not materially changed since March 2016.

How Large is 15 CHESTNUT AVENUE?

15 CHESTNUT AVENUE is 133m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% 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 15 CHESTNUT AVENUE lies on this distribution: 38% of detached houses houses are smaller than 15 CHESTNUT AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Silsoe.

15 CHESTNUT AVENUE: Plot and Title Map

15 CHESTNUT AVENUE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 15 CHESTNUT AVENUE, 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 15 CHESTNUT AVENUE). 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 15 CHESTNUT AVENUE?

15 CHESTNUT AVENUE is located in SILSOE, in the MK45 postcode district. The below map shows the position of No. 15 on CHESTNUT AVENUE.