5, CLOVELLY WAY, BEDFORD, MK40 3BJ - £400,000

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 CLOVELLY WAY is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £400,000 in September 2023, which was around 28% below the average September 2023 detached price in the Bedford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

5 CLOVELLY WAY Sold Prices

Land registry data shows two sales for 5 CLOVELLY WAY 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 CLOVELLY WAY 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 29 SEP	£400,000	£552,660	28% below HPI
2020 28 FEB	£305,000	£459,669	34% below HPI

5 CLOVELLY WAY 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 CLOVELLY WAY sales from February 2020 and September 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 February 2020 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 CLOVELLY WAY?

5 CLOVELLY WAY is 96m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% 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 CLOVELLY WAY lies on this distribution: 22% of detached houses are smaller than 5 CLOVELLY WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Bedford.

5 CLOVELLY WAY: Plot and Title Map

5 CLOVELLY WAY sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 5 CLOVELLY 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 5 CLOVELLY 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.

Where is 5 CLOVELLY WAY?

5 CLOVELLY WAY is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 5 on CLOVELLY WAY.