3, BROOK LANE, FLITTON, BEDFORD, MK45 5EJ - £640,000

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.

3 BROOK LANE is a very small extended detached house of 109m², built sometime before 1900, which could now be worth an estimated £1,241,242. It was last sold for £640,000 in June 2011, which was around 103% above the average June 2011 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

3 BROOK LANE Sold Prices

Land registry data shows three sales for 3 BROOK LANE 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 3 BROOK 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
2011 15 JUN	£640,000	£315,412	103% above HPI
2007 23 MAR	£649,600	£322,289	102% above HPI
1997 20 NOV	£297,000	£125,279	137% above HPI

3 BROOK LANE 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 3 BROOK LANE sales between November 1997 and June 2011 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 March 2007 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the June 2011 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might 3 BROOK LANE be worth now?

3 BROOK LANE might now be worth an estimated £1,241,242.

This is based on house price inflation of 93.9%, between June 2011 and March 2026, 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 93.9% inflationary increase is applied to the most recent sale price for 3 BROOK LANE of £640,000 on 15th June 2011. For the value to have increased from £640,000 to £1,241,242 over the fifteen years and three months to March 2026, the following assumptions must hold true:

• The value of 3 BROOK LANE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The June 2011 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BROOK LANE has not materially changed since June 2011.

How Large is 3 BROOK LANE?

3 BROOK LANE is 109m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses houses in Flitton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Flitton, and where 3 BROOK LANE lies on this distribution: 7% of detached houses houses are smaller than 3 BROOK LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Flitton.

3 BROOK LANE: Plot and Title Map

3 BROOK LANE sits on a plot of roughly 0.941 of an acre, or 3,808m². The below map shows the location of 3 BROOK 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 3 BROOK 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 3 BROOK LANE?

3 BROOK LANE is located in FLITTON, in the MK45 postcode district. The below map shows the position of No. 3 on BROOK LANE.