3, COLCHESTER WAY, BEDFORD, MK41 8BG - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 COLCHESTER WAY is a large extended detached house of 155m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2009, which was around 4% below the average May 2009 detached price in the Bedford local authority area. The most recent EPC inspection was May 2009, where the current energy rating was F, and the potential energy rating was D.

3 COLCHESTER WAY Sold Prices

Land registry data shows two sales for 3 COLCHESTER WAY 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. One of the two 3 COLCHESTER WAY sales was for below the average price, whilst the other 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
2009 27 MAY	£250,000	£261,015	4% below HPI
1998 13 NOV	£130,000	£124,362	5% above HPI

3 COLCHESTER WAY 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 3 COLCHESTER WAY sales from November 1998 and May 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 November 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2009 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 COLCHESTER WAY?

3 COLCHESTER WAY is 155m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 30% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 3 COLCHESTER WAY lies on this distribution: 72% of detached houses are smaller than 3 COLCHESTER WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 COLCHESTER WAY: Plot and Title Map

3 COLCHESTER WAY sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 3 COLCHESTER WAY, 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 3 COLCHESTER WAY). 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 3 COLCHESTER WAY?

3 COLCHESTER WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 3 on COLCHESTER WAY.