16, PAYNE ROAD, WOOTTON, BEDFORD, MK43 9PJ - £493,000

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

16 PAYNE ROAD is a very large detached house of 170m², built sometime between 1991 and 1995. It was last sold for £493,000 in June 2021, which was around 4% above the average June 2021 detached price in the Bedford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

16 PAYNE ROAD Sold Prices

Land registry data shows five sales for 16 PAYNE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the five 16 PAYNE ROAD sales 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
2021 11 JUN	£493,000	£476,182	4% above HPI
2011 12 JUL	£330,000	£294,112	12% above HPI
2002 13 DEC	£270,000	£228,035	18% above HPI
2001 22 MAY	£197,000	£171,356	15% above HPI
2001 19 JAN	£215,000	£167,490	28% above HPI

16 PAYNE 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 five 16 PAYNE ROAD sales between January 2001 and June 2021 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 July 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 16 PAYNE ROAD?

16 PAYNE ROAD is 170m² according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 16 PAYNE ROAD lies on this distribution: 86% of detached houses are smaller than 16 PAYNE ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Wootton.

16 PAYNE ROAD: Plot and Title Map

16 PAYNE ROAD sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of 16 PAYNE 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 16 PAYNE 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 16 PAYNE ROAD?

16 PAYNE ROAD is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 16 on PAYNE ROAD.