9, GREAT LANE, CLOPHILL, BEDFORD, MK45 4BQ - £325,000

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.

9 GREAT LANE is a very small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £529,694. It was last sold for £325,000 in November 2014, which was around 15% below the average November 2014 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

9 GREAT LANE Sold Prices

Land registry data shows three sales for 9 GREAT 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. Two of the three 9 GREAT LANE sales were for below the average price, whilst one was for above 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
2014 17 NOV	£325,000	£382,599	15% below HPI
2012 1 JUN	£260,000	£322,848	19% below HPI
1999 26 FEB	£141,000	£135,169	4% above HPI

9 GREAT 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 9 GREAT LANE sales between February 1999 and November 2014 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 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 9 GREAT LANE be worth now?

9 GREAT LANE might now be worth an estimated £529,694.

This is based on house price inflation of 63%, between November 2014 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 63% inflationary increase is applied to the most recent sale price for 9 GREAT LANE of £325,000 on 17th November 2014. For the value to have increased from £325,000 to £529,694 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 GREAT LANE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The November 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GREAT LANE has not materially changed since November 2014.

How Large is 9 GREAT LANE?

9 GREAT LANE is 90m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses houses in Clophill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clophill, and where 9 GREAT LANE lies on this distribution: 4% of detached houses houses are smaller than 9 GREAT LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Clophill.

9 GREAT LANE: Plot and Title Map

9 GREAT LANE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 9 GREAT 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 9 GREAT 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 9 GREAT LANE?

9 GREAT LANE is located in CLOPHILL, in the MK45 postcode district. The below map shows the position of No. 9 on GREAT LANE.