5, CONNAUGHT WAY, BEDFORD, MK41 7LB - £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

5 CONNAUGHT WAY is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £325,000 in April 2017, which was around 28% below the average April 2017 detached price in the Bedford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

5 CONNAUGHT WAY Sold Prices

Land registry data shows two sales for 5 CONNAUGHT 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 CONNAUGHT 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
2017 21 APR	£325,000	£450,697	28% below HPI
2015 6 MAY	£269,995	£362,626	26% below HPI

5 CONNAUGHT 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 CONNAUGHT WAY sales from May 2015 and April 2017 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 May 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 CONNAUGHT WAY?

5 CONNAUGHT WAY is 84m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 5 CONNAUGHT WAY lies on this distribution: 11% of detached houses are smaller than 5 CONNAUGHT WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Bedford.

5 CONNAUGHT WAY: Plot and Title Map

5 CONNAUGHT WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 5 CONNAUGHT 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 CONNAUGHT 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 CONNAUGHT WAY?

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