5, GRANGE LANE, COPLE, BEDFORD, MK44 3TT - £900,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 GRANGE LANE is a very large extended detached house of 299m², built sometime between 1967 and 1975, which could now be worth an estimated £1,065,973. It was last sold for £900,000 in February 2019, which was around 98% above the average February 2019 detached price in the Bedford local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was C.

5 GRANGE LANE Sold Prices

Land registry data shows two sales for 5 GRANGE 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 Bedford local authority area for the corresponding sale date. One of the two 5 GRANGE LANE sales was for above the average price, whilst the other 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
2019 6 FEB	£900,000	£455,398	98% above HPI
2002 5 AUG	£138,000	£213,448	35% below HPI

5 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 two 5 GRANGE LANE sales from August 2002 and February 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 August 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2019 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 5 GRANGE LANE be worth now?

5 GRANGE LANE might now be worth an estimated £1,065,973.

This is based on house price inflation of 18.4%, between February 2019 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 5 GRANGE LANE of £900,000 on 6th February 2019. For the value to have increased from £900,000 to £1,065,973 over the six years to February 2025, the following assumptions must hold true:

• The value of 5 GRANGE LANE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The February 2019 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRANGE LANE has not materially changed since February 2019.

How Large is 5 GRANGE LANE?

5 GRANGE LANE is 299m², which includes four extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 10% of detached houses houses in Cople, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cople, and where 5 GRANGE LANE lies on this distribution: More than 99% of detached houses houses are smaller than 5 GRANGE LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Cople.

5 GRANGE LANE: Plot and Title Map

5 GRANGE LANE sits on a plot of roughly 1.1 acres, or 4,593m². The below map shows the location of 5 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 5 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 5 GRANGE LANE?

5 GRANGE LANE is located in COPLE, in the MK44 postcode district. The below map shows the position of No. 5 on GRANGE LANE.