3, COMMON FARM LANE, FLITWICK, BEDFORD, MK45 1BB - £307,000

3 COMMON FARM LANE is a very large detached house of 150m², built sometime between 1996 and 2002. It was last sold for £307,000 in February 2012, which was around 3% below the average February 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

3 COMMON FARM LANE Sold Prices

Land registry data shows two sales for 3 COMMON FARM LANE 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. One of the two 3 COMMON FARM LANE sales was for below the average price, whilst the other was 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
2012 3 FEB	£307,000	£315,580	3% below HPI
2004 24 AUG	£320,000	£285,383	12% above HPI

3 COMMON FARM 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 two 3 COMMON FARM LANE sales from August 2004 and February 2012 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 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2012 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 COMMON FARM LANE?

3 COMMON FARM LANE is 150m² according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses in Flitwick, based on EPC data. The below chart shows the distribution of detached houses by size in Flitwick, and where 3 COMMON FARM LANE lies on this distribution: 80% of detached houses are smaller than 3 COMMON FARM LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

3 COMMON FARM LANE: Plot and Title Map

3 COMMON FARM LANE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 COMMON FARM 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 COMMON FARM 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 COMMON FARM LANE?

3 COMMON FARM LANE is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 3 on COMMON FARM LANE.