2, NORCOTT MEAD, SHORTSTOWN, BEDFORD, MK42 0WR - £358,000

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

2 NORCOTT MEAD is a small detached house of 97m². It was last sold for £358,000 in April 2022, which was around 33% below the average April 2022 detached price in the Bedford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

2 NORCOTT MEAD Sold Prices

Land registry data shows two sales for 2 NORCOTT MEAD since 1^st 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. Both of the two 2 NORCOTT MEAD 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
2022 28 APR	£358,000	£531,529	33% below HPI
2017 31 MAR	£304,995	£446,925	32% below HPI

2 NORCOTT MEAD 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 two 2 NORCOTT MEAD sales from March 2017 and April 2022 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 March 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 NORCOTT MEAD?

2 NORCOTT MEAD is 97m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses by size in Shortstown, and where 2 NORCOTT MEAD lies on this distribution: 23% of detached houses are smaller than 2 NORCOTT MEAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Shortstown.

2 NORCOTT MEAD: Plot and Title Map

2 NORCOTT MEAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 NORCOTT MEAD, 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 2 NORCOTT MEAD). 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 2 NORCOTT MEAD?

2 NORCOTT MEAD is located in SHORTSTOWN, in the MK42 postcode district. The below map shows the position of No. 2 on NORCOTT MEAD.