38, MERCURY LANE, BIGGLESWADE, SG18 8FL - £530,000

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

38 MERCURY LANE is a very large detached house of 157m², built sometime from 2007 onwards. It was last sold for £530,000 in December 2020, which was around 5% above the average December 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

38 MERCURY LANE Sold Prices

Land registry data shows three sales for 38 MERCURY 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 Central Bedfordshire local authority area for the corresponding sale date. Two of the three 38 MERCURY LANE sales were for above the average price, whilst one was 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
2020 7 DEC	£530,000	£502,933	5% above HPI
2015 24 JUL	£375,000	£392,492	4% below HPI
2011 16 DEC	£327,000	£309,528	6% above HPI

38 MERCURY 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 three 38 MERCURY LANE sales between December 2011 and December 2020 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 July 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 38 MERCURY LANE?

38 MERCURY LANE is 157m² according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses in Biggleswade, based on EPC data. The below chart shows the distribution of detached houses by size in Biggleswade, and where 38 MERCURY LANE lies on this distribution: 85% of detached houses are smaller than 38 MERCURY LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Biggleswade.

38 MERCURY LANE: Plot and Title Map

38 MERCURY LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 38 MERCURY 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 38 MERCURY 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 38 MERCURY LANE?

38 MERCURY LANE is located in BIGGLESWADE, in the SG18 postcode district. The below map shows the position of No. 38 on MERCURY LANE.