1B, THE PYGHTLE, GRAVENHURST, BEDFORD, MK45 4JD - £510,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1B THE PYGHTLE is a large detached house of 198m², built sometime between 1991 and 1995, which could now be worth an estimated £706,624. It was last sold for £510,000 in January 2016, which was around 13% above the average January 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

1B THE PYGHTLE Sold Prices

Land registry data shows two sales for 1B THE PYGHTLE 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. Both of the two 1B THE PYGHTLE 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
2016 5 JAN	£510,000	£450,057	13% above HPI
2006 14 JUN	£415,000	£311,057	33% above HPI

1B THE PYGHTLE 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 1B THE PYGHTLE sales from June 2006 and January 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 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the January 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 1B THE PYGHTLE be worth now?

1B THE PYGHTLE might now be worth an estimated £706,624.

This is based on house price inflation of 38.6%, between January 2016 and February 2025, for 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 38.6% inflationary increase is applied to the most recent sale price for 1B THE PYGHTLE of £510,000 on 5th January 2016. For the value to have increased from £510,000 to £706,624 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1B THE PYGHTLE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The January 2016 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 1B THE PYGHTLE has not materially changed since January 2016.

How Large is 1B THE PYGHTLE?

1B THE PYGHTLE is 198m² according to the EPC inspection conducted in April 2024. This puts it in the largest 40% of detached houses houses in Upper Gravenhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Gravenhurst, and where 1B THE PYGHTLE lies on this distribution: 63% of detached houses houses are smaller than 1B THE PYGHTLE, and 37% of houses are larger. Note that EPC data is not available for all properties in Upper Gravenhurst.

1B THE PYGHTLE: Plot and Title Map

1B THE PYGHTLE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 1B THE PYGHTLE, 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 1B THE PYGHTLE). 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 1B THE PYGHTLE?

1B THE PYGHTLE is located in GRAVENHURST, in the MK45 postcode district. The below map shows the position of No. 1B on THE PYGHTLE.