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 MEPHAM ROAD is a very large extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £250,000 in July 2010, which was around 17% below the average July 2010 detached price in the Bedford local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 3 MEPHAM ROAD since 1st 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. Two of the three 3 MEPHAM ROAD sales were for below the average price, whilst one 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 |
---|---|---|---|
2010 9 JUL | £250,000 | £300,331 | 17% below HPI |
2005 12 DEC | £272,000 | £278,423 | 2% below HPI |
1998 20 OCT | £132,995 | £124,019 | 7% above HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The three 3 MEPHAM ROAD sales between October 1998 and July 2010 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 December 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2010 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
3 MEPHAM ROAD is 166m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 20% 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 MEPHAM ROAD lies on this distribution: 83% of detached houses are smaller than 3 MEPHAM ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Wootton.
3 MEPHAM ROAD sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 3 MEPHAM 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 MEPHAM 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.
3 MEPHAM ROAD is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 3 on MEPHAM ROAD.