45, GRANGE LANE, BROMHAM, BEDFORD, MK43 8NS - £1,150,000

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

45 GRANGE LANE is a midsized extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £1,150,000 in November 2023, which was around 110% above the average November 2023 detached price in the Bedford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

45 GRANGE LANE Sold Prices

Land registry data shows three sales for 45 GRANGE 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 45 GRANGE 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
2023 2 NOV	£1,150,000	£548,104	110% above HPI
2016 16 DEC	£620,000	£440,387	41% above HPI
2010 6 AUG	£390,000	£302,059	29% above HPI

45 GRANGE 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 45 GRANGE LANE sales between August 2010 and November 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 December 2016 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2023 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is 45 GRANGE LANE?

45 GRANGE LANE is 128m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses in Bromham, based on EPC data. The below chart shows the distribution of detached houses by size in Bromham, and where 45 GRANGE LANE lies on this distribution: 48% of detached houses are smaller than 45 GRANGE LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Bromham.

45 GRANGE LANE: Plot and Title Map

45 GRANGE LANE sits on a plot of roughly 0.478 of an acre, or 1,934m². The below map shows the location of 45 GRANGE 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 45 GRANGE 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 45 GRANGE LANE?

45 GRANGE LANE is located in BROMHAM, in the MK43 postcode district. The below map shows the position of No. 45 on GRANGE LANE.