OLD CHAPEL, PARK ROAD, STEVINGTON, BEDFORD, MK43 7QG - £482,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OLD CHAPEL is a small detached house of 132m², built in 2022. It was last sold for £482,000 in December 2022, which was around 13% below the average December 2022 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 two sales for OLD CHAPEL 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 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
2022 6 DEC	£482,000	£551,482	13% below HPI
2021 4 OCT	£160,000	£507,417	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 two OLD CHAPEL sales from October 2021 and December 2022 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 October 2021 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the December 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

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 in Stevington, based on EPC data. The below chart shows the distribution of detached houses by size in Stevington, and where OLD CHAPEL lies on this distribution: 39% of detached houses are smaller than OLD CHAPEL, and 61% 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.