49, MILL LANE, GREENFIELD, BEDFORD, MK45 5DG - £440,000

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

49 MILL LANE is a midsized extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £440,000 in August 2019, which was around 11% below the average August 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

49 MILL LANE Sold Prices

Land registry data shows two sales for 49 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 49 MILL 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
2019 27 AUG	£440,000	£496,243	11% below HPI
2003 13 FEB	£206,500	£260,156	21% below HPI

49 MILL 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 two 49 MILL LANE sales from February 2003 and August 2019 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 February 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 49 MILL LANE?

49 MILL LANE is 148m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% of detached houses in Greenfield, based on EPC data. The below chart shows the distribution of detached houses by size in Greenfield, and where 49 MILL LANE lies on this distribution: 42% of detached houses are smaller than 49 MILL LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Greenfield.

49 MILL LANE: Plot and Title Map

49 MILL LANE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 49 MILL 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 49 MILL 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 49 MILL LANE?

49 MILL LANE is located in GREENFIELD, in the MK45 postcode district. The below map shows the position of No. 49 on MILL LANE.