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 OLD SCHOOL GARDENS is a very small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £345,000 in June 2021, which was around 28% below the average June 2021 detached price in the Bedford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 2 OLD SCHOOL GARDENS since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the six 2 OLD SCHOOL GARDENS 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 |
---|---|---|---|
2021 29 JUN | £345,000 | £476,182 | 28% below HPI |
2019 29 NOV | £295,000 | £467,221 | 37% below HPI |
2006 24 NOV | £212,000 | £298,521 | 29% below HPI |
2006 17 FEB | £195,000 | £278,306 | 30% below HPI |
1999 9 DEC | £108,000 | £138,612 | 22% below HPI |
1997 22 DEC | £97,000 | £110,338 | 12% below HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The six 2 OLD SCHOOL GARDENS sales between December 1997 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 November 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
2 OLD SCHOOL GARDENS is 90m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 2 OLD SCHOOL GARDENS lies on this distribution: 8% of detached houses are smaller than 2 OLD SCHOOL GARDENS, and 87% of houses are larger. Note that EPC data is not available for all properties in Wootton.
2 OLD SCHOOL GARDENS sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 2 OLD SCHOOL GARDENS, 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 OLD SCHOOL GARDENS). 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.
2 OLD SCHOOL GARDENS is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 2 on OLD SCHOOL GARDENS.