51, THE GROVE, BEDFORD, MK40 3JN - £275,000

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

51 THE GROVE is a small extended detached house of 114m², built sometime before 1900. It was last sold for £275,000 in December 2006, which was around 6% below the average December 2006 detached price in the Bedford local authority area. The most recent EPC inspection was September 2012, where the current energy rating was F, and the potential energy rating was C.

51 THE GROVE Sold Prices

Land registry data shows two sales for 51 THE GROVE 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 51 THE GROVE 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
2006 8 DEC	£275,000	£293,606	6% below HPI
2004 12 MAR	£160,000	£258,783	38% below HPI

51 THE GROVE 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 51 THE GROVE sales from March 2004 and December 2006 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 March 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2006 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 51 THE GROVE?

51 THE GROVE is 114m², which includes two extensions, according to the EPC inspection conducted in September 2012. 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 51 THE GROVE lies on this distribution: 39% of detached houses are smaller than 51 THE GROVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Bedford.

51 THE GROVE: Plot and Title Map

51 THE GROVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 51 THE GROVE, 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 51 THE GROVE). 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 51 THE GROVE?

51 THE GROVE is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 51 on THE GROVE.