5, CLARE ROAD, BEDFORD, MK41 8QX - £520,000

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

5 CLARE ROAD is a midsized extended detached house of 134m², built sometime between 1967 and 1975. It was last sold for £520,000 in July 2023, which was around 5% below the average July 2023 detached price in the Bedford local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

5 CLARE ROAD Sold Prices

Land registry data shows two sales for 5 CLARE ROAD since 1^st 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 5 CLARE 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 21 JUL	£520,000	£545,047	5% below HPI
2021 14 JUN	£400,000	£476,182	16% below HPI

5 CLARE 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 two 5 CLARE ROAD sales from June 2021 and July 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 June 2021 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 CLARE ROAD?

5 CLARE ROAD is 134m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 50% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 5 CLARE ROAD lies on this distribution: 59% of detached houses are smaller than 5 CLARE ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Bedford.

5 CLARE ROAD: Plot and Title Map

5 CLARE ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 5 CLARE 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 5 CLARE 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 5 CLARE ROAD?

5 CLARE ROAD is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 5 on CLARE ROAD.