27, THE SPINNEY, BEDFORD, MK41 0HA - £135,000

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

27 THE SPINNEY is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £135,000 in November 2009, which was around 52% below the average November 2009 detached price in the Bedford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

27 THE SPINNEY Sold Prices

Land registry data shows four sales for 27 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 27 THE SPINNEY 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
2009 3 NOV	£135,000	£283,219	52% below HPI
2005 10 MAY	£104,000	£274,702	62% below HPI
2002 31 JAN	£58,000	£189,320	69% below HPI
1999 26 MAY	£47,500	£125,861	62% below HPI

27 THE SPINNEY 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 four 27 THE SPINNEY sales between May 1999 and November 2009 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 2005 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the November 2009 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 27 THE SPINNEY?

27 THE SPINNEY is 85m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 27 THE SPINNEY lies on this distribution: 12% of detached houses are smaller than 27 THE SPINNEY, and 87% of houses are larger. Note that EPC data is not available for all properties in Bedford.

27 THE SPINNEY: Plot and Title Map

27 THE SPINNEY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 27 THE SPINNEY, 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 27 THE SPINNEY). 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 27 THE SPINNEY?

27 THE SPINNEY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 27 on THE SPINNEY.