8, LAMBOURN WAY, BEDFORD, MK41 7TR - £465,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8 LAMBOURN WAY is a very large extended detached house of 177m², built sometime between 1976 and 1982. It was last sold for £465,000 in February 2017, which was around 6% above the average February 2017 detached price in the Bedford local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was C.

8 LAMBOURN WAY Sold Prices

Land registry data shows three sales for 8 LAMBOURN WAY 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. The three 8 LAMBOURN WAY sales were a mix of above the average price, and roughly equal to 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
2017 24 FEB	£465,000	£440,471	6% above HPI
2011 4 AUG	£300,000	£298,682	Close to HPI
2000 24 MAY	£185,000	£153,308	21% above HPI

8 LAMBOURN WAY 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 8 LAMBOURN WAY sales between May 2000 and February 2017 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 August 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 8 LAMBOURN WAY?

8 LAMBOURN WAY is 177m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 8 LAMBOURN WAY lies on this distribution: 82% of detached houses are smaller than 8 LAMBOURN WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Bedford.

8 LAMBOURN WAY: Plot and Title Map

8 LAMBOURN WAY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 8 LAMBOURN WAY, 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 8 LAMBOURN WAY). 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 8 LAMBOURN WAY?

8 LAMBOURN WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 8 on LAMBOURN WAY.