16, LANCASTER PLACE, SHEFFORD, SG17 5UF - £240,000

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.

16 LANCASTER PLACE is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £301,074. It was last sold for £240,000 in October 2019, which was around 21% below the average October 2019 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

16 LANCASTER PLACE Sold Prices

Land registry data shows eight sales for 16 LANCASTER PLACE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the eight 16 LANCASTER PLACE 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
2019 31 OCT	£240,000	£304,460	21% below HPI
2019 25 OCT	£245,000	£304,460	20% below HPI
2015 3 NOV	£222,100	£259,485	14% below HPI
2006 12 DEC	£164,995	£200,629	18% below HPI
2004 14 SEP	£154,000	£179,538	14% below HPI
1999 15 OCT	£76,500	£86,980	12% below HPI
1997 15 AUG	£59,750	£68,795	13% below HPI
1996 14 JUN	£58,750	£60,019	2% below HPI

16 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 eight 16 LANCASTER PLACE sales between June 1996 and October 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 October 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 16 LANCASTER PLACE be worth now?

16 LANCASTER PLACE might now be worth an estimated £301,074.

This is based on house price inflation of 25.4%, between October 2019 and March 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 25.4% inflationary increase is applied to the most recent sale price for 16 LANCASTER PLACE of £240,000 on 31st October 2019. For the value to have increased from £240,000 to £301,074 over the six years and seven months to March 2025, the following assumptions must hold true:

• The value of 16 LANCASTER PLACE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The October 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LANCASTER PLACE has not materially changed since October 2019.

How Large is 16 LANCASTER PLACE?

16 LANCASTER PLACE is 56m² according to the EPC inspection conducted in September 2015. 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 16 LANCASTER PLACE lies on this distribution: 1% of semi-detached houses houses are smaller than 16 LANCASTER PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shefford.

16 LANCASTER PLACE: Plot and Title Map

16 LANCASTER PLACE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 16 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 16 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 16 LANCASTER PLACE?

16 LANCASTER PLACE is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 16 on LANCASTER PLACE.