55, CAVES LANE, BEDFORD, MK40 3DW - £522,500

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

55 CAVES LANE is a large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £522,500 in June 2019, which was around 13% above the average June 2019 detached price in the Bedford local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

55 CAVES LANE Sold Prices

Land registry data shows two sales for 55 CAVES 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 55 CAVES 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 10 JUN	£522,500	£461,701	13% above HPI
2000 30 JUN	£130,000	£157,770	18% below HPI

55 CAVES 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 55 CAVES LANE sales from June 2000 and June 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 June 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 55 CAVES LANE?

55 CAVES LANE is 152m², which includes three extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 30% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 55 CAVES LANE lies on this distribution: 70% of detached houses are smaller than 55 CAVES LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bedford.

55 CAVES LANE: Plot and Title Map

55 CAVES LANE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 55 CAVES 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 55 CAVES 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 55 CAVES LANE?

55 CAVES LANE is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 55 on CAVES LANE.