40, BEDFORD ROAD, WOOTTON, BEDFORD, MK43 9JT - £370,000

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

40 BEDFORD ROAD is a very small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £370,000 in August 2023, which was around 33% below the average August 2023 detached price in the Bedford local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was B.

40 BEDFORD ROAD Sold Prices

Land registry data shows three sales for 40 BEDFORD 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 40 BEDFORD 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
2023 4 AUG	£370,000	£548,583	33% below HPI
2000 18 OCT	£161,000	£164,827	2% below HPI
1995 27 JUL	£72,000	£92,394	22% below HPI

40 BEDFORD 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 40 BEDFORD ROAD sales between July 1995 and August 2023 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 October 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 40 BEDFORD ROAD?

40 BEDFORD ROAD is 84m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 40 BEDFORD ROAD lies on this distribution: 6% of detached houses are smaller than 40 BEDFORD ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Wootton.

40 BEDFORD ROAD: Plot and Title Map

40 BEDFORD ROAD sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 40 BEDFORD 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 40 BEDFORD 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 40 BEDFORD ROAD?

40 BEDFORD ROAD is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 40 on BEDFORD ROAD.