1, SCHOOL APPROACH, SHARNBROOK, BEDFORD, MK44 1JN - £480,000

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 SCHOOL APPROACH is a small detached house of 116m², built sometime between 2003 and 2006. It was last sold for £480,000 in April 2023, which was around 13% below the average April 2023 detached price in the Bedford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

1 SCHOOL APPROACH Sold Prices

Land registry data shows three sales for 1 SCHOOL APPROACH 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 SCHOOL APPROACH 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
2023 12 APR	£480,000	£551,195	13% below HPI
2022 21 DEC	£405,000	£551,482	27% below HPI
2006 26 JUN	£215,000	£282,159	24% below HPI

1 SCHOOL APPROACH 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 SCHOOL APPROACH sales between June 2006 and April 2023 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 December 2022 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 SCHOOL APPROACH?

1 SCHOOL APPROACH is 116m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Sharnbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Sharnbrook, and where 1 SCHOOL APPROACH lies on this distribution: 26% of detached houses are smaller than 1 SCHOOL APPROACH, and 74% of houses are larger. Note that EPC data is not available for all properties in Sharnbrook.

1 SCHOOL APPROACH: Plot and Title Map

1 SCHOOL APPROACH sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 1 SCHOOL APPROACH, 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 SCHOOL APPROACH). 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 SCHOOL APPROACH?

1 SCHOOL APPROACH is located in SHARNBROOK, in the MK44 postcode district. The below map shows the position of No. 1 on SCHOOL APPROACH.