1, THE LAURELS, SILSOE, BEDFORD, MK45 4PQ - £687,500

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.

1 THE LAURELS is a very large detached house of 184m², which could now be worth an estimated £836,543. It was last sold for £687,500 in April 2020, which was around 34% above the average April 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was B.

1 THE LAURELS Sold Prices

Land registry data shows three sales for 1 THE LAURELS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 1 THE LAURELS 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 1 APR	£687,500	£512,472	34% above HPI
2019 10 JUN	£3,400,000	£499,757	580% above HPI
2017 31 OCT	£1,643,834	£513,643	220% above HPI

1 THE LAURELS 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 three 1 THE LAURELS sales between October 2017 and April 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 June 2019 sale was for 580% above the HPI. So the extrapolation line tracks at 580% above the HPI over time, until the April 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 1 THE LAURELS be worth now?

1 THE LAURELS might now be worth an estimated £836,543.

This is based on house price inflation of 21.7%, between April 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 21.7% inflationary increase is applied to the most recent sale price for 1 THE LAURELS of £687,500 on 1st April 2020. For the value to have increased from £687,500 to £836,543 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 1 THE LAURELS has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The April 2020 sale price of £687,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE LAURELS has not materially changed since April 2020.

How Large is 1 THE LAURELS?

1 THE LAURELS is 184m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses houses in Silsoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Silsoe, and where 1 THE LAURELS lies on this distribution: 80% of detached houses houses are smaller than 1 THE LAURELS, and 18% of houses are larger. Note that EPC data is not available for all properties in Silsoe.

1 THE LAURELS: Plot and Title Map

1 THE LAURELS sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 1 THE 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 1 THE 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 1 THE LAURELS?

1 THE LAURELS is located in SILSOE, in the MK45 postcode district. The below map shows the position of No. 1 on THE LAURELS.