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
16 COLCHESTER WAY is a large extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £460,000 in September 2018, which was around 3% below the average September 2018 detached price in the Bedford local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 16 COLCHESTER WAY since 1st 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 16 COLCHESTER 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 |
---|---|---|---|
2018 19 SEP | £460,000 | £474,827 | 3% below HPI |
2003 24 APR | £249,500 | £240,333 | 4% above HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 16 COLCHESTER WAY sales from April 2003 and September 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 April 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
16 COLCHESTER WAY is 137m², which includes two extensions, according to the EPC inspection conducted in April 2018. 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 16 COLCHESTER WAY lies on this distribution: 61% of detached houses are smaller than 16 COLCHESTER WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Bedford.
16 COLCHESTER WAY sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 16 COLCHESTER 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 16 COLCHESTER 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.
16 COLCHESTER WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 16 on COLCHESTER WAY.