16, SHERBOURNE WAY, BEDFORD, MK41 8RJ - £287,500

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 SHERBOURNE WAY is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £287,500 in December 2019, which was around 39% below the average December 2019 detached price in the Bedford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

16 SHERBOURNE WAY Sold Prices

Land registry data shows four sales for 16 SHERBOURNE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 16 SHERBOURNE WAY 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
2019 20 DEC	£287,500	£468,703	39% below HPI
2019 22 NOV	£300,000	£467,221	36% below HPI
2015 22 APR	£267,000	£360,630	26% below HPI
1996 3 APR	£72,500	£92,526	22% below HPI

16 SHERBOURNE 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 four 16 SHERBOURNE WAY sales between April 1996 and December 2019 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 November 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 16 SHERBOURNE WAY?

16 SHERBOURNE WAY is 75m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% 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 SHERBOURNE WAY lies on this distribution: 5% of detached houses are smaller than 16 SHERBOURNE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Bedford.

16 SHERBOURNE WAY: Plot and Title Map

16 SHERBOURNE WAY sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 16 SHERBOURNE 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 SHERBOURNE 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 16 SHERBOURNE WAY?

16 SHERBOURNE WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 16 on SHERBOURNE WAY.