23, CHESTNUT AVENUE, SILSOE, BEDFORD, MK45 4GP - £295,000

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.

23 CHESTNUT AVENUE is a very small terraced house of 90m², built in 2012, which could now be worth an estimated £349,949. It was last sold for £295,000 in August 2018, which was around 18% above the average August 2018 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was B, and the potential energy rating was B.

23 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 23 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 23 CHESTNUT AVENUE 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
2018 31 AUG	£295,000	£250,028	18% above HPI
2018 27 APR	£310,000	£248,486	25% above HPI
2013 6 SEP	£234,500	£168,025	40% above HPI

23 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 23 CHESTNUT AVENUE sales between September 2013 and August 2018 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 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 23 CHESTNUT AVENUE be worth now?

23 CHESTNUT AVENUE might now be worth an estimated £349,949.

This is based on house price inflation of 18.6%, between August 2018 and May 2026, for terraced 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 18.6% inflationary increase is applied to the most recent sale price for 23 CHESTNUT AVENUE of £295,000 on 31st August 2018. For the value to have increased from £295,000 to £349,949 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 23 CHESTNUT AVENUE has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The August 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHESTNUT AVENUE has not materially changed since August 2018.

How Large is 23 CHESTNUT AVENUE?

23 CHESTNUT AVENUE is 90m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of terraced houses houses in Silsoe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Silsoe, and where 23 CHESTNUT AVENUE lies on this distribution: 4% of terraced houses houses are smaller than 23 CHESTNUT AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Silsoe.

23 CHESTNUT AVENUE: Plot and Title Map

23 CHESTNUT AVENUE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 23 CHESTNUT AVENUE, 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 23 CHESTNUT AVENUE). 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 23 CHESTNUT AVENUE?

23 CHESTNUT AVENUE is located in SILSOE, in the MK45 postcode district. The below map shows the position of No. 23 on CHESTNUT AVENUE.