12, LORING ROAD, SHARNBROOK, BEDFORD, MK44 1JT - £395,000

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 LORING ROAD is a very small extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £395,000 in August 2018, which was around 17% below the average August 2018 detached price in the Bedford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

12 LORING ROAD Sold Prices

Land registry data shows two sales for 12 LORING ROAD 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 LORING 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
2018 8 AUG	£395,000	£473,074	17% below HPI
2015 6 FEB	£285,000	£357,854	20% below HPI

12 LORING 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 two 12 LORING ROAD sales from February 2015 and August 2018 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 February 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 12 LORING ROAD?

12 LORING ROAD is 109m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Sharnbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Sharnbrook, and where 12 LORING ROAD lies on this distribution: 18% of detached houses are smaller than 12 LORING ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Sharnbrook.

12 LORING ROAD: Plot and Title Map

12 LORING ROAD sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 12 LORING 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 12 LORING 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 12 LORING ROAD?

12 LORING ROAD is located in SHARNBROOK, in the MK44 postcode district. The below map shows the position of No. 12 on LORING ROAD.