3, COMET DRIVE, SHORTSTOWN, BEDFORD, MK42 0QX - £205,000

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

3 COMET DRIVE is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £205,000 in September 2008, which was around 33% below the average September 2008 detached price in the Bedford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

3 COMET DRIVE Sold Prices

Land registry data shows four sales for 3 COMET DRIVE 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. Most of the four 3 COMET 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
2008 29 SEP	£205,000	£304,240	33% below HPI
2005 27 MAY	£195,000	£274,702	29% below HPI
2002 24 MAY	£139,000	£206,194	33% below HPI
1999 30 SEP	£250,000	£134,708	86% above HPI

3 COMET DRIVE 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 3 COMET DRIVE sales between September 1999 and September 2008 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2008 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 COMET DRIVE?

3 COMET DRIVE is 109m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses by size in Shortstown, and where 3 COMET DRIVE lies on this distribution: 45% of detached houses are smaller than 3 COMET DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Shortstown.

3 COMET DRIVE: Plot and Title Map

3 COMET DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 3 COMET 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 3 COMET 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 3 COMET DRIVE?

3 COMET DRIVE is located in SHORTSTOWN, in the MK42 postcode district. The below map shows the position of No. 3 on COMET DRIVE.