24, MARSH LANE, MILTON ERNEST, BEDFORD, MK44 1RB - £382,000

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.

24 MARSH LANE is a very small semi-detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £402,021. It was last sold for £382,000 in July 2022, which was around 20% above the average July 2022 semi-detached price in the Bedford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

24 MARSH LANE Sold Prices

Land registry data shows two sales for 24 MARSH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bedford local authority area for the corresponding sale date. Both of the two 24 MARSH LANE 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
2022 29 JUL	£382,000	£317,165	20% above HPI
2021 14 APR	£377,500	£280,582	35% above HPI

24 MARSH LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bedford local authority area over time, sourced from the HPI. The two 24 MARSH LANE sales from April 2021 and July 2022 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 2021 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 24 MARSH LANE be worth now?

24 MARSH LANE might now be worth an estimated £402,021.

This is based on house price inflation of 5.2%, between July 2022 and June 2025, for semi-detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% inflationary increase is applied to the most recent sale price for 24 MARSH LANE of £382,000 on 29th July 2022. For the value to have increased from £382,000 to £402,021 over the three years and one month to June 2025, the following assumptions must hold true:

• The value of 24 MARSH LANE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The July 2022 sale price of £382,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MARSH LANE has not materially changed since July 2022.

How Large is 24 MARSH LANE?

24 MARSH LANE is 74m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Milton Ernest, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Ernest, and where 24 MARSH LANE lies on this distribution: 1% of semi-detached houses houses are smaller than 24 MARSH LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Ernest.

24 MARSH LANE: Plot and Title Map

24 MARSH LANE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 24 MARSH LANE, 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 24 MARSH LANE). 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 24 MARSH LANE?

24 MARSH LANE is located in MILTON ERNEST, in the MK44 postcode district. The below map shows the position of No. 24 on MARSH LANE.