45, FOLKES ROAD, WOOTTON, BEDFORD, MK43 9BY - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

45 FOLKES ROAD is a very small detached house of 83m², which could now be worth an estimated £396,156. It was last sold for £325,000 in July 2020, which was around 27% below the average July 2020 detached price in the Bedford local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

45 FOLKES ROAD Sold Prices

Land registry data shows three sales for 45 FOLKES 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 45 FOLKES 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 9 JUL	£325,000	£444,904	27% below HPI
2017 13 APR	£310,000	£441,040	30% below HPI
2013 20 DEC	£249,995	£312,513	20% below HPI

45 FOLKES 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 45 FOLKES ROAD sales between December 2013 and July 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 April 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 45 FOLKES ROAD be worth now?

45 FOLKES ROAD might now be worth an estimated £396,156.

This is based on house price inflation of 21.9%, between July 2020 and December 2024, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 45 FOLKES ROAD of £325,000 on 9th July 2020. For the value to have increased from £325,000 to £396,156 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 45 FOLKES ROAD has moved in line with the HPI for detached houses in the Bedford local authority area.
• The July 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 45 FOLKES ROAD has not materially changed since July 2020.

How Large is 45 FOLKES ROAD?

45 FOLKES ROAD is 83m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wootton, and where 45 FOLKES ROAD lies on this distribution: 5% of detached houses houses are smaller than 45 FOLKES ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Wootton.

45 FOLKES ROAD: Plot and Title Map

45 FOLKES ROAD sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 45 FOLKES 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 45 FOLKES 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 45 FOLKES ROAD?

45 FOLKES ROAD is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 45 on FOLKES ROAD.