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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NORCOTT MEAD is a small detached house of 97m², which could now be worth an estimated £371,242. It was last sold for £358,000 in April 2022, which was around 31% 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	£520,140	31% below HPI
2017 31 MAR	£304,995	£437,349	30% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 NORCOTT MEAD be worth now?

2 NORCOTT MEAD might now be worth an estimated £371,242.

This is based on house price inflation of 3.7%, between April 2022 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% inflationary increase is applied to the most recent sale price for 2 NORCOTT MEAD of £358,000 on 28th April 2022. For the value to have increased from £358,000 to £371,242 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 2 NORCOTT MEAD has moved in line with the HPI for detached houses in the Bedford local authority area.
• The April 2022 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NORCOTT MEAD has not materially changed since April 2022.

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 houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shortstown, and where 2 NORCOTT MEAD lies on this distribution: 23% of detached houses 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.