2, STATION ROAD, SHARNBROOK, BEDFORD, MK44 1PT - £220,000

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 STATION ROAD is a small extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £220,000 in September 2003, which was around 13% below the average September 2003 detached price in the Bedford local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

2 STATION ROAD Sold Prices

Land registry data shows three sales for 2 STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Two of the three 2 STATION ROAD 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
2003 11 SEP	£220,000	£252,334	13% below HPI
2001 2 MAY	£161,000	£171,356	6% below HPI
1999 24 MAY	£143,500	£125,861	14% above HPI

2 STATION ROAD 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 three 2 STATION ROAD sales between May 1999 and September 2003 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 May 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2003 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 STATION ROAD?

2 STATION ROAD is 119m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Sharnbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Sharnbrook, and where 2 STATION ROAD lies on this distribution: 28% of detached houses are smaller than 2 STATION ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Sharnbrook.

2 STATION ROAD: Plot and Title Map

2 STATION ROAD sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 2 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

2 STATION ROAD is located in SHARNBROOK, in the MK44 postcode district. The below map shows the position of No. 2 on STATION ROAD.