2, VICTORIA DRIVE, HOUGHTON CONQUEST, BEDFORD, MK45 3LY - £300,000

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 VICTORIA DRIVE is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £300,000 in July 2023, which was around 47% below the average July 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was C.

2 VICTORIA DRIVE Sold Prices

Land registry data shows two sales for 2 VICTORIA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 2 VICTORIA DRIVE 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
2023 7 JUL	£300,000	£561,340	47% below HPI
1995 5 OCT	£65,000	£98,886	34% below HPI

2 VICTORIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 2 VICTORIA DRIVE sales from October 1995 and July 2023 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 October 1995 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 VICTORIA DRIVE?

2 VICTORIA DRIVE is 75m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Houghton Conquest, based on EPC data. The below chart shows the distribution of detached houses by size in Houghton Conquest, and where 2 VICTORIA DRIVE lies on this distribution: 4% of detached houses are smaller than 2 VICTORIA DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Houghton Conquest.

2 VICTORIA DRIVE: Plot and Title Map

2 VICTORIA DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 2 VICTORIA DRIVE, 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 VICTORIA DRIVE). 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 VICTORIA DRIVE?

2 VICTORIA DRIVE is located in HOUGHTON CONQUEST, in the MK45 postcode district. The below map shows the position of No. 2 on VICTORIA DRIVE.