16, CHAPEL LANE, WILLINGTON, BEDFORD, MK44 3QG - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 CHAPEL LANE is a very small detached house of 105m², built sometime before 1900. It was last sold for £325,000 in January 2019, which was around 30% below the average January 2019 detached price in the Bedford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was B.

16 CHAPEL LANE Sold Prices

Land registry data shows four sales for 16 CHAPEL 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. Most of the four 16 CHAPEL LANE sales were 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
2019 21 JAN	£325,000	£466,618	30% below HPI
2005 30 SEP	£297,500	£282,564	5% above HPI
1999 19 MAY	£143,000	£125,861	14% above HPI
1996 5 JUL	£96,000	£94,690	1% above HPI

16 CHAPEL 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 16 CHAPEL LANE sales between July 1996 and January 2019 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 September 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 CHAPEL LANE?

16 CHAPEL LANE is 105m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Willington, based on EPC data. The below chart shows the distribution of detached houses by size in Willington, and where 16 CHAPEL LANE lies on this distribution: 17% of detached houses are smaller than 16 CHAPEL LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Willington.

16 CHAPEL LANE: Plot and Title Map

16 CHAPEL LANE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 16 CHAPEL 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 16 CHAPEL 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 16 CHAPEL LANE?

16 CHAPEL LANE is located in WILLINGTON, in the MK44 postcode district. The below map shows the position of No. 16 on CHAPEL LANE.