5A, MILL LANE, LANGFORD, BIGGLESWADE, SG18 9QB - £395,000

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

5A MILL LANE is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £395,000 in June 2022, which was around 28% below the average June 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

5A MILL LANE Sold Prices

Land registry data shows three sales for 5A MILL 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 Central Bedfordshire local authority area for the corresponding sale date. All of the three 5A 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
2022 27 JUN	£395,000	£550,755	28% below HPI
2020 13 MAY	£260,000	£495,966	48% below HPI
2007 25 APR	£207,000	£320,082	35% below HPI

5A 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 three 5A MILL LANE sales between April 2007 and June 2022 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 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5A MILL LANE?

5A MILL LANE is 82m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Langford, based on EPC data. The below chart shows the distribution of detached houses by size in Langford, and where 5A MILL LANE lies on this distribution: 7% of detached houses are smaller than 5A MILL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Langford.

5A MILL LANE: Plot and Title Map

5A MILL LANE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 5A 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 5A 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 5A MILL LANE?

5A MILL LANE is located in LANGFORD, in the SG18 postcode district. The below map shows the position of No. 5A on MILL LANE.