56, SHAKESPEARE ROAD, BEDFORD, MK40 2ED - £265,000

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 SHAKESPEARE ROAD is a large detached house of 161m², built sometime between 1950 and 1966. It was last sold for £265,000 in July 2013, which was around 14% below the average July 2013 detached price in the Bedford local authority area. The most recent EPC inspection was August 2012, where the current energy rating was F, and the potential energy rating was D.

56 SHAKESPEARE ROAD Sold Prices

Land registry data shows two sales for 56 SHAKESPEARE ROAD 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 SHAKESPEARE 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
2013 26 JUL	£265,000	£307,556	14% below HPI
2010 28 MAY	£245,000	£290,308	16% below HPI

56 SHAKESPEARE 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 two 56 SHAKESPEARE ROAD sales from May 2010 and July 2013 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 May 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 56 SHAKESPEARE ROAD?

56 SHAKESPEARE ROAD is 161m² according to the EPC inspection conducted in August 2012. This puts it in the largest 30% 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 SHAKESPEARE ROAD lies on this distribution: 75% of detached houses are smaller than 56 SHAKESPEARE ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Bedford.

56 SHAKESPEARE ROAD: Plot and Title Map

56 SHAKESPEARE ROAD sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 56 SHAKESPEARE 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 56 SHAKESPEARE 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 56 SHAKESPEARE ROAD?

56 SHAKESPEARE ROAD is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 56 on SHAKESPEARE ROAD.