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
4 MARIGOLD WAY is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £170,000 in January 2004, which was around 34% below the average January 2004 detached price in the Bedford local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 4 MARIGOLD WAY since 1st 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. Both of the two 4 MARIGOLD WAY 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 |
---|---|---|---|
2004 30 JAN | £170,000 | £257,559 | 34% below HPI |
1996 6 DEC | £74,950 | £98,064 | 24% below HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 4 MARIGOLD WAY sales from December 1996 and January 2004 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 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2004 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
4 MARIGOLD WAY is 84m², which includes two extensions, according to the EPC inspection conducted in November 2022. 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 4 MARIGOLD WAY lies on this distribution: 11% of detached houses are smaller than 4 MARIGOLD WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Bedford.
4 MARIGOLD WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 4 MARIGOLD 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 4 MARIGOLD 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.
4 MARIGOLD WAY is located in BEDFORD, in the MK42 postcode district. The below map shows the position of No. 4 on MARIGOLD WAY.