8, LAVENHAM DRIVE, BIDDENHAM, BEDFORD, MK40 4QX - £740,000

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

8 LAVENHAM DRIVE is a large extended detached house of 171m², built sometime between 1983 and 1990. It was last sold for £740,000 in November 2021, which was around 47% above the average November 2021 detached price in the Bedford local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

8 LAVENHAM DRIVE Sold Prices

Land registry data shows two sales for 8 LAVENHAM DRIVE 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 8 LAVENHAM DRIVE sales were for above 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
2021 18 NOV	£740,000	£504,524	47% above HPI
2014 18 JUL	£450,000	£336,661	34% above HPI

8 LAVENHAM DRIVE 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 8 LAVENHAM DRIVE sales from July 2014 and November 2021 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 July 2014 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2021 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 8 LAVENHAM DRIVE?

8 LAVENHAM DRIVE is 171m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 LAVENHAM DRIVE lies on this distribution: 80% of detached houses are smaller than 8 LAVENHAM DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Bedford.

8 LAVENHAM DRIVE: Plot and Title Map

8 LAVENHAM DRIVE sits on a plot of roughly 0.199 of an acre, or 803m². The below map shows the location of 8 LAVENHAM DRIVE, 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 LAVENHAM DRIVE). 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 LAVENHAM DRIVE?

8 LAVENHAM DRIVE is located in BIDDENHAM, in the MK40 postcode district. The below map shows the position of No. 8 on LAVENHAM DRIVE.