7, SCHOOL LANE, GREENFIELD, BEDFORD, MK45 5DE - £180,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 SCHOOL LANE is a very small extended semi-detached house of 84m², built sometime before 1900. It was last sold for £180,000 in August 2005, which was around 39% below the average August 2005 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

7 SCHOOL LANE Sold Prices

Land registry data shows two sales for 7 SCHOOL 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 7 SCHOOL 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
2005 1 AUG	£180,000	£297,230	39% below HPI
2002 26 JUL	£105,000	£229,491	54% below HPI

7 SCHOOL 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 7 SCHOOL LANE sales from July 2002 and August 2005 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 July 2002 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the August 2005 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 SCHOOL LANE?

7 SCHOOL LANE is 84m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Greenfield, based on EPC data. The below chart shows the distribution of detached houses by size in Greenfield, and where 7 SCHOOL LANE lies on this distribution: 4% of detached houses are smaller than 7 SCHOOL LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Greenfield.

7 SCHOOL LANE: Plot and Title Map

7 SCHOOL LANE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 7 SCHOOL 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 7 SCHOOL 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 7 SCHOOL LANE?

7 SCHOOL LANE is located in GREENFIELD, in the MK45 postcode district. The below map shows the position of No. 7 on SCHOOL LANE.