55, FOLKES ROAD, WOOTTON, BEDFORD, MK43 9BY - £495,000

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

55 FOLKES ROAD is a midsized detached house of 119m². It was last sold for £495,000 in March 2022, which was around 6% below the average March 2022 detached price in the Bedford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

55 FOLKES ROAD Sold Prices

Land registry data shows three sales for 55 FOLKES 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 55 FOLKES 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 25 MAR	£495,000	£524,888	6% below HPI
2019 13 DEC	£385,000	£468,703	18% below HPI
2014 26 JUN	£294,950	£333,945	12% below HPI

55 FOLKES 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 55 FOLKES ROAD sales between June 2014 and March 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 December 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 55 FOLKES ROAD?

55 FOLKES ROAD is 119m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 55 FOLKES ROAD lies on this distribution: 42% of detached houses are smaller than 55 FOLKES ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Wootton.

55 FOLKES ROAD: Plot and Title Map

55 FOLKES ROAD sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 55 FOLKES 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 55 FOLKES 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 55 FOLKES ROAD?

55 FOLKES ROAD is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 55 on FOLKES ROAD.