OLD CHAPEL, PARK ROAD, STEVINGTON, BEDFORD, MK43 7QG - £525,000

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.

OLD CHAPEL is a small detached house of 132m², built in 2022, which could now be worth an estimated £522,756. It was last sold for £525,000 in December 2024, which was around 3% below the average December 2024 detached price in the Bedford local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

OLD CHAPEL Sold Prices

Land registry data shows three sales for OLD CHAPEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three OLD CHAPEL 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
2024 16 DEC	£525,000	£541,695	3% below HPI
2022 6 DEC	£482,000	£539,666	11% below HPI
2021 4 OCT	£160,000	£496,545	68% below HPI

OLD CHAPEL 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 three OLD CHAPEL sales between October 2021 and December 2024 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 December 2022 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might OLD CHAPEL be worth now?

OLD CHAPEL might now be worth an estimated £522,756.

This is based on house price deflation of 0.4%, between December 2024 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% deflationary decrease is applied to the most recent sale price for OLD CHAPEL of £525,000 on 16th December 2024. For the value to have decreased from £525,000 to £522,756 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of OLD CHAPEL has moved in line with the HPI for detached houses in the Bedford local authority area.
• The December 2024 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of OLD CHAPEL has not materially changed since December 2024.

How Large is OLD CHAPEL?

OLD CHAPEL is 132m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses houses in Stevington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stevington, and where OLD CHAPEL lies on this distribution: 35% of detached houses houses are smaller than OLD CHAPEL, and 65% of houses are larger. Note that EPC data is not available for all properties in Stevington.

OLD CHAPEL: Plot and Title Map

OLD CHAPEL sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of OLD CHAPEL, 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 OLD CHAPEL). 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 OLD CHAPEL?

OLD CHAPEL is located on PARK ROAD in STEVINGTON, in the MK43 postcode district. The below map shows the position of OLD CHAPEL on PARK ROAD.