1, SHERBOURNE WAY, BEDFORD, MK41 8RJ - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SHERBOURNE WAY is a large extended detached house of 141m², built sometime between 1991 and 1995. It was last sold for £525,000 in November 2022, which was around 6% below the average November 2022 detached price in the Bedford local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was C.

1 SHERBOURNE WAY Sold Prices

Land registry data shows three sales for 1 SHERBOURNE 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. Two of the three 1 SHERBOURNE WAY sales were for below the average price, whilst one was 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
2022 2 NOV	£525,000	£559,470	6% below HPI
2003 5 AUG	£249,999	£244,414	2% above HPI
1997 14 FEB	£84,000	£97,678	14% below HPI

1 SHERBOURNE 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 SHERBOURNE WAY sales between February 1997 and November 2022 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 August 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 SHERBOURNE WAY?

1 SHERBOURNE WAY is 141m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 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 SHERBOURNE WAY lies on this distribution: 64% of detached houses are smaller than 1 SHERBOURNE WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1 SHERBOURNE WAY: Plot and Title Map

1 SHERBOURNE WAY sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 1 SHERBOURNE 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 SHERBOURNE 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 SHERBOURNE WAY?

1 SHERBOURNE WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 1 on SHERBOURNE WAY.