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
15 DORCHESTER WAY is a large extended detached house of 158m², built sometime between 1996 and 2002. It was last sold for £360,000 in October 2015, which was around 4% below the average October 2015 detached price in the Bedford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 15 DORCHESTER WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. One of the three 15 DORCHESTER WAY sales was for below the average price, whilst two were 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 |
---|---|---|---|
2015 9 OCT | £360,000 | £375,568 | 4% below HPI |
2004 10 DEC | £295,000 | £269,377 | 10% above HPI |
1999 21 DEC | £205,950 | £138,612 | 49% above HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The three 15 DORCHESTER WAY sales between December 1999 and October 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 December 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
15 DORCHESTER WAY is 158m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 15 DORCHESTER WAY lies on this distribution: 73% of detached houses are smaller than 15 DORCHESTER WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Bedford.
15 DORCHESTER WAY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 15 DORCHESTER 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 15 DORCHESTER 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.
15 DORCHESTER WAY is located in ELSTOW, in the MK42 postcode district. The below map shows the position of No. 15 on DORCHESTER WAY.