THE CHALET, MAY ROAD, TURVEY, BEDFORD, MK43 8DT - £480,000

THE CHALET is a small extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £480,000 in November 2021, which was around 5% below the average November 2021 detached price in the Bedford local authority area. The most recent EPC inspection was July 2018, where the current energy rating was F, and the potential energy rating was C.

THE CHALET Sold Prices

Land registry data shows two sales for THE CHALET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two THE CHALET 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
2021 17 NOV	£480,000	£504,524	5% below HPI
2019 8 FEB	£315,000	£465,370	32% below HPI

THE CHALET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two THE CHALET sales from February 2019 and November 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 February 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is THE CHALET?

THE CHALET is 136m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Turvey, based on EPC data. The below chart shows the distribution of detached houses by size in Turvey, and where THE CHALET lies on this distribution: 34% of detached houses are smaller than THE CHALET, and 66% of houses are larger. Note that EPC data is not available for all properties in Turvey.

THE CHALET: Plot and Title Map

THE CHALET sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of THE CHALET, 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 THE CHALET). 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 THE CHALET?

THE CHALET is located on MAY ROAD in TURVEY, in the MK43 postcode district. The below map shows the position of THE CHALET on MAY ROAD.