40, VERNE DRIVE, AMPTHILL, BEDFORD, MK45 2PS - £315,000

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.

40 VERNE DRIVE is a very small extended terraced house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £366,997. It was last sold for £315,000 in April 2021, which was around 24% above the average April 2021 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

40 VERNE DRIVE Sold Prices

Land registry data shows two sales for 40 VERNE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 40 VERNE DRIVE 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
2021 9 APR	£315,000	£253,209	24% above HPI
2015 5 JAN	£229,950	£190,592	21% above HPI

40 VERNE DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 40 VERNE DRIVE sales from January 2015 and April 2021 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 January 2015 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 40 VERNE DRIVE be worth now?

40 VERNE DRIVE might now be worth an estimated £366,997.

This is based on house price inflation of 16.5%, between April 2021 and June 2025, for terraced 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 16.5% inflationary increase is applied to the most recent sale price for 40 VERNE DRIVE of £315,000 on 9th April 2021. For the value to have increased from £315,000 to £366,997 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 40 VERNE DRIVE has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The April 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 40 VERNE DRIVE has not materially changed since April 2021.

How Large is 40 VERNE DRIVE?

40 VERNE DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of terraced houses houses in Ampthill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ampthill, and where 40 VERNE DRIVE lies on this distribution: 7% of terraced houses houses are smaller than 40 VERNE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Ampthill.

40 VERNE DRIVE: Plot and Title Map

40 VERNE DRIVE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 40 VERNE DRIVE, 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 40 VERNE DRIVE). 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 40 VERNE DRIVE?

40 VERNE DRIVE is located in AMPTHILL, in the MK45 postcode district. The below map shows the position of No. 40 on VERNE DRIVE.