56, CORNLAND, BEDFORD, MK41 8HZ - £205,000

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

56 CORNLAND is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £205,000 in May 2018, which was around 56% below the average May 2018 detached price in the Bedford local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

56 CORNLAND Sold Prices

Land registry data shows two sales for 56 CORNLAND 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 56 CORNLAND 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
2018 30 MAY	£205,000	£467,241	56% below HPI
1998 18 DEC	£67,000	£124,059	46% below HPI

56 CORNLAND 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 56 CORNLAND sales from December 1998 and May 2018 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 1998 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2018 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 56 CORNLAND?

56 CORNLAND is 81m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 56 CORNLAND lies on this distribution: 9% of detached houses are smaller than 56 CORNLAND, and 90% of houses are larger. Note that EPC data is not available for all properties in Bedford.

56 CORNLAND: Plot and Title Map

56 CORNLAND sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 56 CORNLAND, 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 56 CORNLAND). 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 56 CORNLAND?

56 CORNLAND is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 56 on CORNLAND.