12, GILLSPENNY WAY, WOOTTON, BEDFORD, MK43 9QW - £360,000

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

12 GILLSPENNY WAY is a small detached house of 102m². It was last sold for £360,000 in November 2021, which was around 29% below the average November 2021 detached price in the Bedford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

12 GILLSPENNY WAY Sold Prices

Land registry data shows two sales for 12 GILLSPENNY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 12 GILLSPENNY 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
2021 26 NOV	£360,000	£504,524	29% below HPI
2018 2 NOV	£315,000	£469,641	33% below HPI

12 GILLSPENNY 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 two 12 GILLSPENNY WAY sales from November 2018 and November 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 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 GILLSPENNY WAY?

12 GILLSPENNY WAY is 102m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 12 GILLSPENNY WAY lies on this distribution: 26% of detached houses are smaller than 12 GILLSPENNY WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Wootton.

12 GILLSPENNY WAY: Plot and Title Map

12 GILLSPENNY WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 12 GILLSPENNY 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 12 GILLSPENNY 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 12 GILLSPENNY WAY?

12 GILLSPENNY WAY is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 12 on GILLSPENNY WAY.