1A, PARK LANE, BLUNHAM, BEDFORD, MK44 3NH - £400,000

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

1A PARK LANE is a large detached house of 145m², built sometime between 1991 and 1995. It was last sold for £400,000 in September 2016, which was around 14% below the average September 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

1A PARK LANE Sold Prices

Land registry data shows two sales for 1A PARK LANE 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 1A PARK LANE 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 23 SEP	£400,000	£464,303	14% below HPI
2001 28 JUN	£207,000	£186,883	11% above HPI

1A PARK LANE 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 1A PARK LANE sales from June 2001 and September 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 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1A PARK LANE?

1A PARK LANE is 145m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses in Blunham, based on EPC data. The below chart shows the distribution of detached houses by size in Blunham, and where 1A PARK LANE lies on this distribution: 60% of detached houses are smaller than 1A PARK LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Blunham.

1A PARK LANE: Plot and Title Map

1A PARK LANE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 1A PARK 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 1A PARK 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 1A PARK LANE?

1A PARK LANE is located in BLUNHAM, in the MK44 postcode district. The below map shows the position of No. 1A on PARK LANE.