Methodism was founded in 1740 by John Wesley. Over the years various differing strands of Methodism broke away from the main church, which came to be called the Wesleyan Methodist Church. In 1932 a number of the strands, including the Wesleyans, reunited to form the Methodist Church of Great Britain

Methodists are first recorded in Ridgmont in 1820 in the Church Book of the Baptist church [X347/2] where it notes that "Mr.Foord wished to join the Methodists" and in 1822: "Brother Foord's house being used by Methodists".It is in 1828 that Methodists in Ridgmont first appear in the Bedford Circuit Steward's Accounts. The chapel, at the junction of the High Street and Lydds Hill, was probably built around that time as the Bedfordshire Standard for 1841 notes that it was reopened in that year after the erection of a new gallery. In the nineteenth century nonconformist meeting houses had to be registered with the archdeaconry in which they were situated which, for Bedfordshire, meant the Archdeaconry of Bedford. The first surviving registration dates to 1845 by John Pickavant, minister of Bedford Wesleyan Circuit. The chapel was licensed for weddings in the same year. The new chapel was re-registered in 1854 by William Henry Clarkson, superintendent minister of the Bedford Circuit. The Bedfordshire Times reported in 1872 that it was closed for three months for alterations and repairs.

In the Methodist archive at Bedfordshire & Luton Archives & Records Service is a plan [MB2648] for a schoolroom at the chapel (see above). This room does not now exist and so the plan may never have been put into effect. The chapel closed in 1947 and was sold in 1949; it is now a private house.