3, COLLEGE CHASE, SILSOE, BEDFORD, MK45 4GE - £375,000

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 COLLEGE CHASE is a very small detached house of 90m², built in 2012, which could now be worth an estimated £443,471. It was last sold for £375,000 in January 2018, which was around 27% below the average January 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

3 COLLEGE CHASE Sold Prices

Land registry data shows two sales for 3 COLLEGE CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 3 COLLEGE CHASE 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
2018 8 JAN	£375,000	£513,095	27% below HPI
2014 22 AUG	£296,995	£372,917	20% below HPI

3 COLLEGE CHASE 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 two 3 COLLEGE CHASE sales from August 2014 and January 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 August 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 COLLEGE CHASE be worth now?

3 COLLEGE CHASE might now be worth an estimated £443,471.

This is based on house price inflation of 18.3%, between January 2018 and May 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 18.3% inflationary increase is applied to the most recent sale price for 3 COLLEGE CHASE of £375,000 on 8th January 2018. For the value to have increased from £375,000 to £443,471 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 3 COLLEGE CHASE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The January 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COLLEGE CHASE has not materially changed since January 2018.

How Large is 3 COLLEGE CHASE?

3 COLLEGE CHASE is 90m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% 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 3 COLLEGE CHASE lies on this distribution: 4% of detached houses houses are smaller than 3 COLLEGE CHASE, and 95% of houses are larger. Note that EPC data is not available for all properties in Silsoe.

3 COLLEGE CHASE: Plot and Title Map

3 COLLEGE CHASE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 3 COLLEGE CHASE, 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 COLLEGE CHASE). 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 COLLEGE CHASE?

3 COLLEGE CHASE is located in SILSOE, in the MK45 postcode district. The below map shows the position of No. 3 on COLLEGE CHASE.