Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 WINDMILL LANE is a very large extended detached house of 186m², built sometime between 2003 and 2006. It was last sold for £735,000 in June 2022, which was around 40% above the average June 2022 detached price in the Bedford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 WINDMILL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 2 WINDMILL LANE 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 |
---|---|---|---|
2022 6 JUN | £735,000 | £526,167 | 40% above HPI |
2006 21 SEP | £380,000 | £296,831 | 28% above HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 2 WINDMILL LANE sales from September 2006 and June 2022 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 September 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2022 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.
2 WINDMILL LANE is 186m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses in Stevington, based on EPC data. The below chart shows the distribution of detached houses by size in Stevington, and where 2 WINDMILL LANE lies on this distribution: 92% of detached houses are smaller than 2 WINDMILL LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Stevington.
2 WINDMILL LANE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 2 WINDMILL 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 WINDMILL 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.
2 WINDMILL LANE is located in STEVINGTON, in the MK43 postcode district. The below map shows the position of No. 2 on WINDMILL LANE.