34, LANCASTER PLACE, SHEFFORD, SG17 5UF - £290,000

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.

34 LANCASTER PLACE is a very small extended semi-detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £323,150. It was last sold for £290,000 in May 2022, which was around 15% below the average May 2022 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

34 LANCASTER PLACE Sold Prices

Land registry data shows three sales for 34 LANCASTER PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 34 LANCASTER PLACE 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
2022 19 MAY	£290,000	£340,419	15% below HPI
1996 24 JUL	£55,500	£60,501	8% below HPI
1995 9 NOV	£57,500	£58,979	3% below HPI

34 LANCASTER PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 34 LANCASTER PLACE sales between November 1995 and May 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 July 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 34 LANCASTER PLACE be worth now?

34 LANCASTER PLACE might now be worth an estimated £323,150.

This is based on house price inflation of 11.4%, between May 2022 and February 2025, for semi-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 11.4% inflationary increase is applied to the most recent sale price for 34 LANCASTER PLACE of £290,000 on 19th May 2022. For the value to have increased from £290,000 to £323,150 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 34 LANCASTER PLACE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The May 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 34 LANCASTER PLACE has not materially changed since May 2022.

How Large is 34 LANCASTER PLACE?

34 LANCASTER PLACE is 57m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Shefford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shefford, and where 34 LANCASTER PLACE lies on this distribution: 1% of semi-detached houses houses are smaller than 34 LANCASTER PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shefford.

34 LANCASTER PLACE: Plot and Title Map

34 LANCASTER PLACE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 34 LANCASTER PLACE, 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 34 LANCASTER PLACE). 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 34 LANCASTER PLACE?

34 LANCASTER PLACE is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 34 on LANCASTER PLACE.