13, FARNHAM WAY, BEDFORD, MK41 8RE - £507,000

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

13 FARNHAM WAY is a large extended detached house of 149m², built sometime between 1983 and 1990. It was last sold for £507,000 in March 2024, which was around 9% below the average March 2024 detached price in the Bedford local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.

13 FARNHAM WAY Sold Prices

Land registry data shows two sales for 13 FARNHAM 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. One of the two 13 FARNHAM WAY sales was for below the average price, whilst the other was for above 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
2024 8 MAR	£507,000	£555,273	9% below HPI
2007 10 APR	£325,000	£305,397	6% above HPI

13 FARNHAM 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 13 FARNHAM WAY sales from April 2007 and March 2024 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 April 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2024 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 13 FARNHAM WAY?

13 FARNHAM WAY is 149m², which includes three extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 13 FARNHAM WAY lies on this distribution: 69% of detached houses are smaller than 13 FARNHAM WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Bedford.

13 FARNHAM WAY: Plot and Title Map

13 FARNHAM WAY sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 13 FARNHAM 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 13 FARNHAM 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 13 FARNHAM WAY?

13 FARNHAM WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 13 on FARNHAM WAY.