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
44 COLCHESTER WAY is a very large extended detached house of 195m², built sometime between 1983 and 1990. It was last sold for £413,400 in December 2019, which was around 12% below the average December 2019 detached price in the Bedford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 44 COLCHESTER WAY 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. One of the three 44 COLCHESTER WAY sales was for below the average price, whilst two were 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 |
---|---|---|---|
2019 19 DEC | £413,400 | £468,703 | 12% below HPI |
2001 29 AUG | £190,000 | £184,928 | 3% above HPI |
1998 27 FEB | £138,000 | £113,537 | 22% 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 44 COLCHESTER WAY sales between February 1998 and December 2019 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 August 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
44 COLCHESTER WAY is 195m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 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 44 COLCHESTER WAY lies on this distribution: 86% of detached houses are smaller than 44 COLCHESTER WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Bedford.
44 COLCHESTER WAY sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 44 COLCHESTER 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 44 COLCHESTER 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.
44 COLCHESTER WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 44 on COLCHESTER WAY.