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

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

7 TERLE BANK is a very large detached house of 166m². It was last sold for £545,000 in January 2022, which was around 6% 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	£514,590	6% above HPI
2019 26 SEP	£449,995	£462,259	3% 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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

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 in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 7 TERLE BANK lies on this distribution: 83% of detached 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.