5, WEDGWOOD ROAD, BEDFORD, MK41 7NW - £305,000

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 WEDGWOOD ROAD is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £305,000 in February 2022, which was around 41% below the average February 2022 detached price in the Bedford local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was C.

5 WEDGWOOD ROAD Sold Prices

Land registry data shows three sales for 5 WEDGWOOD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 5 WEDGWOOD 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
2022 4 FEB	£305,000	£519,812	41% below HPI
2005 13 JUN	£175,000	£277,034	37% below HPI
2004 9 JUL	£156,000	£264,506	41% below HPI

5 WEDGWOOD 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 three 5 WEDGWOOD ROAD sales between July 2004 and February 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 June 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 5 WEDGWOOD ROAD?

5 WEDGWOOD ROAD is 119m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 WEDGWOOD ROAD lies on this distribution: 45% of detached houses are smaller than 5 WEDGWOOD ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Bedford.

5 WEDGWOOD ROAD: Plot and Title Map

5 WEDGWOOD ROAD sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 5 WEDGWOOD 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 WEDGWOOD 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 WEDGWOOD ROAD?

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