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
11 MEADFOOT PLACE is a very small detached house of 78m², built sometime between 2007 and 2011. It was last sold for £295,000 in February 2021, which was around 38% below the average February 2021 detached price in the Bedford local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 11 MEADFOOT PLACE since 1st 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 11 MEADFOOT PLACE 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 |
---|---|---|---|
2021 26 FEB | £295,000 | £473,476 | 38% below HPI |
2017 20 NOV | £261,500 | £455,536 | 43% below HPI |
2011 30 SEP | £190,000 | £299,198 | 36% below HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The three 11 MEADFOOT PLACE sales between September 2011 and February 2021 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 November 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
11 MEADFOOT PLACE is 78m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 11 MEADFOOT PLACE lies on this distribution: 7% of detached houses are smaller than 11 MEADFOOT PLACE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bedford.
11 MEADFOOT PLACE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 11 MEADFOOT PLACE, 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 MEADFOOT PLACE). 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.
11 MEADFOOT PLACE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 11 on MEADFOOT PLACE.