12, WAVENEY AVENUE, BEDFORD, MK41 7DZ - £325,000

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

12 WAVENEY AVENUE is a midsized detached house of 115m², built sometime between 1950 and 1966. It was last sold for £325,000 in July 2015, which was around 12% below the average July 2015 detached price in the Bedford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

12 WAVENEY AVENUE Sold Prices

Land registry data shows two sales for 12 WAVENEY AVENUE 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 WAVENEY AVENUE 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
2015 31 JUL	£325,000	£368,984	12% below HPI
2007 29 MAR	£250,000	£303,795	18% below HPI

12 WAVENEY AVENUE 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 WAVENEY AVENUE sales from March 2007 and July 2015 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 March 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 12 WAVENEY AVENUE?

12 WAVENEY AVENUE is 115m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 12 WAVENEY AVENUE lies on this distribution: 40% of detached houses are smaller than 12 WAVENEY AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bedford.

12 WAVENEY AVENUE: Plot and Title Map

12 WAVENEY AVENUE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 12 WAVENEY AVENUE, 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 WAVENEY AVENUE). 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 WAVENEY AVENUE?

12 WAVENEY AVENUE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 12 on WAVENEY AVENUE.