47, SHORTS AVENUE, SHORTSTOWN, BEDFORD, MK42 0FP - £325,000

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

47 SHORTS AVENUE is a very small detached house of 95m², built sometime between 2003 and 2006. It was last sold for £325,000 in September 2022, which was around 41% below the average September 2022 detached price in the Bedford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

47 SHORTS AVENUE Sold Prices

Land registry data shows four sales for 47 SHORTS AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 47 SHORTS AVENUE 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
2022 2 SEP	£325,000	£552,509	41% below HPI
2017 4 APR	£279,950	£450,697	38% below HPI
2005 5 MAY	£187,000	£274,702	32% below HPI
2003 23 SEP	£162,000	£252,334	36% below HPI

47 SHORTS AVENUE 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 four 47 SHORTS AVENUE sales between September 2003 and September 2022 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 47 SHORTS AVENUE?

47 SHORTS AVENUE is 95m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses by size in Shortstown, and where 47 SHORTS AVENUE lies on this distribution: 20% of detached houses are smaller than 47 SHORTS AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Shortstown.

47 SHORTS AVENUE: Plot and Title Map

47 SHORTS AVENUE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 47 SHORTS AVENUE, 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 47 SHORTS AVENUE). 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 47 SHORTS AVENUE?

47 SHORTS AVENUE is located in SHORTSTOWN, in the MK42 postcode district. The below map shows the position of No. 47 on SHORTS AVENUE.