THE RED HOUSE, CLARIDGES LANE, AMPTHILL, BEDFORD, MK45 2HU - £620,000

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.

THE RED HOUSE is a large extended detached house of 157m², built sometime between 1976 and 1982, which could now be worth an estimated £736,462. It was last sold for £620,000 in September 2020, which was around 18% above the average September 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

THE RED HOUSE Sold Prices

Land registry data shows two sales for THE RED HOUSE 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 THE RED HOUSE 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
2020 16 SEP	£620,000	£524,961	18% above HPI
1995 11 APR	£150,000	£100,130	50% above HPI

THE RED HOUSE 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 THE RED HOUSE sales from April 1995 and September 2020 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 1995 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might THE RED HOUSE be worth now?

THE RED HOUSE might now be worth an estimated £736,462.

This is based on house price inflation of 18.8%, between September 2020 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 18.8% inflationary increase is applied to the most recent sale price for THE RED HOUSE of £620,000 on 16th September 2020. For the value to have increased from £620,000 to £736,462 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of THE RED HOUSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The September 2020 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of THE RED HOUSE has not materially changed since September 2020.

How Large is THE RED HOUSE?

THE RED HOUSE is 157m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of detached houses houses in Ampthill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ampthill, and where THE RED HOUSE lies on this distribution: 79% of detached houses houses are smaller than THE RED HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Ampthill.

THE RED HOUSE: Plot and Title Map

THE RED HOUSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of THE RED HOUSE, 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 THE RED HOUSE). 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 THE RED HOUSE?

THE RED HOUSE is located on CLARIDGES LANE in AMPTHILL, in the MK45 postcode district. The below map shows the position of THE RED HOUSE on CLARIDGES LANE.