11, CORFE ROAD, BEDFORD, MK41 8JN - £355,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 CORFE ROAD is a small extended detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £426,000. It was last sold for £355,000 in July 2019, which was around 21% below the average July 2019 detached price in the Bedford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

11 CORFE ROAD Sold Prices

Land registry data shows four sales for 11 CORFE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 11 CORFE ROAD 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
2019 15 JUL	£355,000	£449,483	21% below HPI
2007 12 JAN	£215,000	£288,186	25% below HPI
2004 25 JUN	£193,500	£256,836	25% below HPI
2000 27 MAR	£104,950	£139,718	25% below HPI

11 CORFE ROAD 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 four 11 CORFE ROAD sales between March 2000 and July 2019 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 January 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 11 CORFE ROAD be worth now?

11 CORFE ROAD might now be worth an estimated £426,000.

This is based on house price inflation of 20%, between July 2019 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 11 CORFE ROAD of £355,000 on 15th July 2019. For the value to have increased from £355,000 to £426,000 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 11 CORFE ROAD has moved in line with the HPI for detached houses in the Bedford local authority area.
• The July 2019 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CORFE ROAD has not materially changed since July 2019.

How Large is 11 CORFE ROAD?

11 CORFE ROAD is 105m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 11 CORFE ROAD lies on this distribution: 30% of detached houses houses are smaller than 11 CORFE ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Bedford.

11 CORFE ROAD: Plot and Title Map

11 CORFE ROAD sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 11 CORFE ROAD, 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 11 CORFE ROAD). 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 11 CORFE ROAD?

11 CORFE ROAD is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 11 on CORFE ROAD.