16, GRAVEL PIT ROAD, FLITWICK, BEDFORD, MK45 1JX - £347,000

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.

16 GRAVEL PIT ROAD is a midsized detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £420,615. It was last sold for £347,000 in April 2021, which was around 32% below the average April 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

16 GRAVEL PIT ROAD Sold Prices

Land registry data shows five sales for 16 GRAVEL PIT ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 16 GRAVEL PIT ROAD 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
2021 8 APR	£347,000	£513,650	32% below HPI
2012 12 DEC	£222,500	£324,712	31% below HPI
2006 26 SEP	£225,000	£317,118	29% below HPI
1998 20 MAR	£105,000	£127,546	18% below HPI
1997 24 JAN	£86,000	£106,216	19% below HPI

16 GRAVEL PIT ROAD 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 five 16 GRAVEL PIT ROAD sales between January 1997 and April 2021 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 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 16 GRAVEL PIT ROAD be worth now?

16 GRAVEL PIT ROAD might now be worth an estimated £420,615.

This is based on house price inflation of 21.2%, between April 2021 and March 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 21.2% inflationary increase is applied to the most recent sale price for 16 GRAVEL PIT ROAD of £347,000 on 8th April 2021. For the value to have increased from £347,000 to £420,615 over the four years and one month to March 2025, the following assumptions must hold true:

• The value of 16 GRAVEL PIT ROAD has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The April 2021 sale price of £347,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GRAVEL PIT ROAD has not materially changed since April 2021.

How Large is 16 GRAVEL PIT ROAD?

16 GRAVEL PIT ROAD is 111m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 50% of detached houses houses in Flitwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Flitwick, and where 16 GRAVEL PIT ROAD lies on this distribution: 43% of detached houses houses are smaller than 16 GRAVEL PIT ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

16 GRAVEL PIT ROAD: Plot and Title Map

16 GRAVEL PIT ROAD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 16 GRAVEL PIT ROAD, 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 16 GRAVEL PIT ROAD). 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 16 GRAVEL PIT ROAD?

16 GRAVEL PIT ROAD is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 16 on GRAVEL PIT ROAD.