5, LARKWAY, BEDFORD, MK41 7JN - £430,000

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 LARKWAY is a small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £430,000 in August 2019, which was around 6% below the average August 2019 detached price in the Bedford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

5 LARKWAY Sold Prices

Land registry data shows two sales for 5 LARKWAY 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 LARKWAY 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
2019 30 AUG	£430,000	£459,738	6% below HPI
2017 4 AUG	£360,000	£457,018	21% below HPI

5 LARKWAY 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 LARKWAY sales from August 2017 and August 2019 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 August 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 5 LARKWAY?

5 LARKWAY is 112m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% 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 LARKWAY lies on this distribution: 37% of detached houses are smaller than 5 LARKWAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Bedford.

5 LARKWAY: Plot and Title Map

5 LARKWAY sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 5 LARKWAY, 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 LARKWAY). 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 LARKWAY?

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