7, TERLE BANK, WOOTTON, BEDFORD, MK43 9QJ - £545,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 TERLE BANK is a very large detached house of 166m², which could now be worth an estimated £583,763. It was last sold for £545,000 in January 2022, which was around 8% above the average January 2022 detached price in the Bedford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

7 TERLE BANK Sold Prices

Land registry data shows two sales for 7 TERLE BANK 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. One of the two 7 TERLE BANK sales was for above the average price, whilst the other was 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 13 JAN	£545,000	£503,564	8% above HPI
2019 26 SEP	£449,995	£452,354	1% below HPI

7 TERLE BANK 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 7 TERLE BANK sales from September 2019 and January 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 September 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 7 TERLE BANK be worth now?

7 TERLE BANK might now be worth an estimated £583,763.

This is based on house price inflation of 7.1%, between January 2022 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% inflationary increase is applied to the most recent sale price for 7 TERLE BANK of £545,000 on 13th January 2022. For the value to have increased from £545,000 to £583,763 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 TERLE BANK has moved in line with the HPI for detached houses in the Bedford local authority area.
• The January 2022 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TERLE BANK has not materially changed since January 2022.

How Large is 7 TERLE BANK?

7 TERLE BANK is 166m² according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wootton, and where 7 TERLE BANK lies on this distribution: 83% of detached houses houses are smaller than 7 TERLE BANK, and 15% of houses are larger. Note that EPC data is not available for all properties in Wootton.

7 TERLE BANK: Plot and Title Map

7 TERLE BANK sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 7 TERLE BANK, 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 7 TERLE BANK). 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 7 TERLE BANK?

7 TERLE BANK is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 7 on TERLE BANK.