1C, FALCON AVENUE, BEDFORD, MK41 7DS - £500,000

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

1C FALCON AVENUE is a large property of 153m², built sometime between 1983 and 1990. It was last sold for £500,000 in August 2024, which was around 9% below the average August 2024 detached price in the Bedford local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

1C FALCON AVENUE Sold Prices

Land registry data shows four sales for 1C FALCON AVENUE 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. Two of the four 1C FALCON AVENUE sales were for below the average price, whilst one 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 30 AUG	£500,000	£552,322	9% below HPI
2016 1 JUN	£410,000	£414,609	1% below HPI
2005 6 MAY	£275,000	£274,702	Close to HPI
1997 5 AUG	£129,950	£108,158	20% above HPI

1C FALCON AVENUE 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 1C FALCON AVENUE sales between August 1997 and August 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 June 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2024 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1C FALCON AVENUE?

1C FALCON AVENUE is 153m² according to the EPC inspection conducted in November 2022. 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 1C FALCON AVENUE lies on this distribution: 71% of detached houses are smaller than 1C FALCON AVENUE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1C FALCON AVENUE: Plot and Title Map

1C FALCON AVENUE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 1C FALCON AVENUE, 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 1C FALCON AVENUE). 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 1C FALCON AVENUE?

1C FALCON AVENUE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 1C on FALCON AVENUE.