11, PINCHMILL WAY, SHARNBROOK, BEDFORD, MK44 1PJ - £413,000

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

11 PINCHMILL WAY is a small extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £413,000 in December 2022, which was around 25% below the average December 2022 detached price in the Bedford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

11 PINCHMILL WAY Sold Prices

Land registry data shows four sales for 11 PINCHMILL WAY 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 PINCHMILL 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
2022 13 DEC	£413,000	£551,482	25% below HPI
2007 2 JUL	£275,000	£309,870	11% below HPI
2004 12 NOV	£239,000	£271,446	12% below HPI
1998 27 MAR	£90,000	£113,328	21% below HPI

11 PINCHMILL 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 four 11 PINCHMILL WAY sales between March 1998 and December 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 July 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 11 PINCHMILL WAY?

11 PINCHMILL WAY is 121m², which includes three extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Sharnbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Sharnbrook, and where 11 PINCHMILL WAY lies on this distribution: 32% of detached houses are smaller than 11 PINCHMILL WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Sharnbrook.

11 PINCHMILL WAY: Plot and Title Map

11 PINCHMILL WAY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 11 PINCHMILL 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 11 PINCHMILL 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 11 PINCHMILL WAY?

11 PINCHMILL WAY is located in SHARNBROOK, in the MK44 postcode district. The below map shows the position of No. 11 on PINCHMILL WAY.