18, CHAPEL LANE, WILLINGTON, BEDFORD, MK44 3QG - £297,500

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.

18 CHAPEL LANE is a small extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £436,616. It was last sold for £297,500 in October 2015, which was around 19% below the average October 2015 detached price in the Bedford local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

18 CHAPEL LANE Sold Prices

Land registry data shows four sales for 18 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. All of the four 18 CHAPEL 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
2015 19 OCT	£297,500	£367,521	19% below HPI
2003 19 DEC	£188,500	£245,758	23% below HPI
2000 8 DEC	£109,000	£159,315	32% below HPI
1999 17 AUG	£95,000	£131,196	28% below HPI

18 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 18 CHAPEL LANE sales between August 1999 and October 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 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2015 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 18 CHAPEL LANE be worth now?

18 CHAPEL LANE might now be worth an estimated £436,616.

This is based on house price inflation of 46.8%, between October 2015 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 46.8% inflationary increase is applied to the most recent sale price for 18 CHAPEL LANE of £297,500 on 19th October 2015. For the value to have increased from £297,500 to £436,616 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 CHAPEL LANE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The October 2015 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 18 CHAPEL LANE has not materially changed since October 2015.

How Large is 18 CHAPEL LANE?

18 CHAPEL LANE is 114m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses houses in Willington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willington, and where 18 CHAPEL LANE lies on this distribution: 25% of detached houses houses are smaller than 18 CHAPEL LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Willington.

18 CHAPEL LANE: Plot and Title Map

18 CHAPEL LANE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 18 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 18 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 18 CHAPEL LANE?

18 CHAPEL LANE is located in WILLINGTON, in the MK44 postcode district. The below map shows the position of No. 18 on CHAPEL LANE.