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

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

18 CHAPEL LANE is a small extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £297,500 in October 2015, which was around 21% 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	£375,568	21% below HPI
2003 19 DEC	£188,500	£251,139	25% below HPI
2000 8 DEC	£109,000	£162,803	33% below HPI
1999 17 AUG	£95,000	£134,068	29% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in Willington, based on EPC data. The below chart shows the distribution of detached houses by size in Willington, and where 18 CHAPEL LANE lies on this distribution: 25% of detached 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.