3, SCHOOL LANE, SHEFFORD, SG17 5XA - £560,000

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

3 SCHOOL LANE is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £560,000 in March 2023, which was around 3% below the average March 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

3 SCHOOL LANE Sold Prices

Land registry data shows four sales for 3 SCHOOL 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 Central Bedfordshire local authority area for the corresponding sale date. two of the four 3 SCHOOL LANE sales were for below the average price, and four 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
2023 13 MAR	£560,000	£576,170	3% below HPI
2017 20 APR	£457,000	£481,623	5% below HPI
2001 21 SEP	£230,000	£200,602	15% above HPI
1997 29 SEP	£128,000	£119,830	7% above HPI

3 SCHOOL 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 four 3 SCHOOL LANE sales between September 1997 and March 2023 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 April 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 SCHOOL LANE?

3 SCHOOL LANE is 134m² according to the EPC inspection conducted in November 2022. This puts it in the largest 40% of detached houses in Shefford, based on EPC data. The below chart shows the distribution of detached houses by size in Shefford, and where 3 SCHOOL LANE lies on this distribution: 66% of detached houses are smaller than 3 SCHOOL LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Shefford.

3 SCHOOL LANE: Plot and Title Map

3 SCHOOL LANE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 3 SCHOOL 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 3 SCHOOL 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 3 SCHOOL LANE?

3 SCHOOL LANE is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 3 on SCHOOL LANE.