PRIORY LODGE, HIGH STREET, GREENFIELD, BEDFORD, MK45 5DD - £427,500

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.

PRIORY LODGE is a small extended detached house of 140m², built sometime between 1991 and 1995, which could now be worth an estimated £866,575. It was last sold for £427,500 in November 2009, which was around 39% above the average November 2009 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

PRIORY LODGE Sold Prices

Land registry data shows two sales for PRIORY LODGE 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 PRIORY LODGE sales were 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
2009 25 NOV	£427,500	£307,621	39% above HPI
2008 7 NOV	£375,000	£319,354	17% above HPI

PRIORY LODGE 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 PRIORY LODGE sales from November 2008 and November 2009 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 November 2008 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2009 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might PRIORY LODGE be worth now?

PRIORY LODGE might now be worth an estimated £866,575.

This is based on house price inflation of 102.7%, between November 2009 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 102.7% inflationary increase is applied to the most recent sale price for PRIORY LODGE of £427,500 on 25th November 2009. For the value to have increased from £427,500 to £866,575 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of PRIORY LODGE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The November 2009 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of PRIORY LODGE has not materially changed since November 2009.

How Large is PRIORY LODGE?

PRIORY LODGE is 140m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of detached houses houses in Greenfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greenfield, and where PRIORY LODGE lies on this distribution: 34% of detached houses houses are smaller than PRIORY LODGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Greenfield.

PRIORY LODGE: Plot and Title Map

PRIORY LODGE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of PRIORY LODGE, 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 PRIORY LODGE). 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 PRIORY LODGE?

PRIORY LODGE is located on HIGH STREET in GREENFIELD, in the MK45 postcode district. The below map shows the position of PRIORY LODGE on HIGH STREET.