3, LORRAINE ROAD, WOOTTON, BEDFORD, MK43 9DG - £315,000

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 LORRAINE ROAD is a small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £315,000 in November 2020, which was around 33% below the average November 2020 detached price in the Bedford local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

3 LORRAINE ROAD Sold Prices

Land registry data shows three sales for 3 LORRAINE 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. All of the three 3 LORRAINE ROAD 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
2020 6 NOV	£315,000	£471,738	33% below HPI
2004 19 MAR	£192,000	£258,783	26% below HPI
1999 30 SEP	£109,950	£134,708	18% below HPI

3 LORRAINE 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 3 LORRAINE ROAD sales between September 1999 and November 2020 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 March 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 LORRAINE ROAD?

3 LORRAINE ROAD is 115m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 3 LORRAINE ROAD lies on this distribution: 40% of detached houses are smaller than 3 LORRAINE ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Wootton.

3 LORRAINE ROAD: Plot and Title Map

3 LORRAINE ROAD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 3 LORRAINE 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 3 LORRAINE 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 3 LORRAINE ROAD?

3 LORRAINE ROAD is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 3 on LORRAINE ROAD.