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 MONTGOMERY AVENUE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £325,000 in July 2019, which was around 34% below the average July 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 8 MONTGOMERY AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 8 MONTGOMERY AVENUE 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 |
---|---|---|---|
2019 15 JUL | £325,000 | £489,825 | 34% below HPI |
2015 13 MAR | £250,000 | £384,535 | 35% below HPI |
2007 8 JUN | £220,000 | £327,373 | 33% below HPI |
2004 15 JAN | £180,000 | £275,164 | 35% below HPI |
1996 28 JUN | £83,450 | £100,640 | 17% below HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The five 8 MONTGOMERY AVENUE sales between June 1996 and July 2019 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 March 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
8 MONTGOMERY AVENUE is 71m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Shefford, based on EPC data. The below chart shows the distribution of detached houses by size in Shefford, and where 8 MONTGOMERY AVENUE lies on this distribution: 2% of detached houses are smaller than 8 MONTGOMERY AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shefford.
8 MONTGOMERY AVENUE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 8 MONTGOMERY AVENUE, 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 MONTGOMERY AVENUE). 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.
8 MONTGOMERY AVENUE is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 8 on MONTGOMERY AVENUE.