1, CLOVELLY WAY, BEDFORD, MK40 3BJ - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CLOVELLY WAY is a small extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £225,000 in May 2005, which was around 18% below the average May 2005 detached price in the Bedford local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

1 CLOVELLY WAY Sold Prices

Land registry data shows three sales for 1 CLOVELLY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 1 CLOVELLY WAY 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
2005 17 MAY	£225,000	£274,702	18% below HPI
2003 23 SEP	£218,000	£252,334	14% below HPI
2000 7 JAN	£60,000	£141,045	57% below HPI

1 CLOVELLY WAY 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 three 1 CLOVELLY WAY sales between January 2000 and May 2005 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 September 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2005 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 CLOVELLY WAY?

1 CLOVELLY WAY is 108m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 1 CLOVELLY WAY lies on this distribution: 33% of detached houses are smaller than 1 CLOVELLY WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1 CLOVELLY WAY: Plot and Title Map

1 CLOVELLY WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 1 CLOVELLY WAY, 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 1 CLOVELLY WAY). 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 1 CLOVELLY WAY?

1 CLOVELLY WAY is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 1 on CLOVELLY WAY.