2, THE LANE, WYBOSTON, BEDFORD, MK44 3AP - £367,500

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

2 THE LANE is a very small detached house of 96m², built sometime before 1900. It was last sold for £367,500 in July 2021, which was around 23% below the average July 2021 detached price in the Bedford local authority area. The most recent EPC inspection was November 2015, where the current energy rating was G, and the potential energy rating was D.

2 THE LANE Sold Prices

Land registry data shows three sales for 2 THE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 2 THE 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
2021 23 JUL	£367,500	£477,610	23% below HPI
2015 27 NOV	£260,000	£384,116	32% below HPI
2011 1 JUL	£230,000	£294,112	22% below HPI

2 THE 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 three 2 THE LANE sales between July 2011 and July 2021 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 November 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 THE LANE?

2 THE LANE is 96m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Wyboston, based on EPC data. The below chart shows the distribution of detached houses by size in Wyboston, and where 2 THE LANE lies on this distribution: 19% of detached houses are smaller than 2 THE LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wyboston.

2 THE LANE: Plot and Title Map

2 THE LANE sits on a plot of roughly 0.209 of an acre, or 848m². The below map shows the location of 2 THE 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 2 THE 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 2 THE LANE?

2 THE LANE is located in WYBOSTON, in the MK44 postcode district. The below map shows the position of No. 2 on THE LANE.