61, MILL LANE, GREENFIELD, BEDFORD, MK45 5DG - £244,000

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.

61 MILL LANE is a midsized extended detached house of 163m², built sometime between 1950 and 1966, which could now be worth an estimated £548,704. It was last sold for £244,000 in August 2003, which was around 12% below the average August 2003 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was C.

61 MILL LANE Sold Prices

Land registry data shows two sales for 61 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 61 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
2003 15 AUG	£244,000	£277,292	12% below HPI
2002 8 MAR	£175,000	£214,193	18% below HPI

61 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 61 MILL LANE sales from March 2002 and August 2003 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 March 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2003 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 61 MILL LANE be worth now?

61 MILL LANE might now be worth an estimated £548,704.

This is based on house price inflation of 124.9%, between August 2003 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 124.9% inflationary increase is applied to the most recent sale price for 61 MILL LANE of £244,000 on 15th August 2003. For the value to have increased from £244,000 to £548,704 over the 22 years and six months to February 2025, the following assumptions must hold true:

• The value of 61 MILL LANE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The August 2003 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 61 MILL LANE has not materially changed since August 2003.

How Large is 61 MILL LANE?

61 MILL LANE is 163m², which includes two extensions, according to the EPC inspection conducted in October 2024. This puts it in the largest 50% of detached houses houses in Greenfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greenfield, and where 61 MILL LANE lies on this distribution: 54% of detached houses houses are smaller than 61 MILL LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Greenfield.

61 MILL LANE: Plot and Title Map

61 MILL LANE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 61 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 61 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 61 MILL LANE?

61 MILL LANE is located in GREENFIELD, in the MK45 postcode district. The below map shows the position of No. 61 on MILL LANE.