LAURELS, CHURCH END, RAVENSDEN, BEDFORD, MK44 2RP - £250,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

LAURELS is a midsized extended detached house of 140m², built sometime before 1900. It was last sold for £250,000 in March 2005, which was around 10% below the average March 2005 detached price in the Bedford local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

LAURELS Sold Prices

Land registry data shows two sales for LAURELS 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. Both of the two LAURELS 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 18 MAR	£250,000	£277,474	10% below HPI
1998 8 APR	£110,000	£112,806	2% below HPI

LAURELS 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 LAURELS sales from April 1998 and March 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 April 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2005 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is LAURELS?

LAURELS is 140m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of detached houses in Ravensden, based on EPC data. The below chart shows the distribution of detached houses by size in Ravensden, and where LAURELS lies on this distribution: 50% of detached houses are smaller than LAURELS, and 50% of houses are larger. Note that EPC data is not available for all properties in Ravensden.

LAURELS: Plot and Title Map

LAURELS sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of LAURELS, 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 LAURELS). 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 LAURELS?

LAURELS is located on CHURCH END in RAVENSDEN, in the MK44 postcode district. The below map shows the position of LAURELS on CHURCH END.