5, LONGCROFT LANE, MARSTON MORETAINE, BEDFORD, MK43 0RQ - £365,000

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

5 LONGCROFT LANE is a small extended detached house of 119m², built sometime between 2003 and 2006. It was last sold for £365,000 in February 2019, which was around 28% below the average February 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

5 LONGCROFT LANE Sold Prices

Land registry data shows two sales for 5 LONGCROFT 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 5 LONGCROFT 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 1 FEB	£365,000	£506,998	28% below HPI
2004 14 MAY	£235,000	£276,241	15% below HPI

5 LONGCROFT 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 5 LONGCROFT LANE sales from May 2004 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 May 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 LONGCROFT LANE?

5 LONGCROFT LANE is 119m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Marston Moretaine, based on EPC data. The below chart shows the distribution of detached houses by size in Marston Moretaine, and where 5 LONGCROFT LANE lies on this distribution: 35% of detached houses are smaller than 5 LONGCROFT LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Marston Moretaine.

5 LONGCROFT LANE: Plot and Title Map

5 LONGCROFT LANE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 5 LONGCROFT 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 LONGCROFT 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 LONGCROFT LANE?

5 LONGCROFT LANE is located in MARSTON MORETAINE, in the MK43 postcode district. The below map shows the position of No. 5 on LONGCROFT LANE.