8, WAVENEY AVENUE, BEDFORD, MK41 7DZ - £400,000

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 WAVENEY AVENUE is a small extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £400,000 in September 2023, which was around 27% below the average September 2023 detached price in the Bedford local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was B.

8 WAVENEY AVENUE Sold Prices

Land registry data shows three sales for 8 WAVENEY AVENUE 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. All of the three 8 WAVENEY 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
2023 1 SEP	£400,000	£550,849	27% below HPI
2020 28 MAY	£360,000	£466,701	23% below HPI
1996 17 DEC	£93,000	£98,064	5% below HPI

8 WAVENEY AVENUE 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 WAVENEY AVENUE sales between December 1996 and September 2023 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 May 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 WAVENEY AVENUE?

8 WAVENEY AVENUE is 112m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% 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 WAVENEY AVENUE lies on this distribution: 37% of detached houses are smaller than 8 WAVENEY AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bedford.

8 WAVENEY AVENUE: Plot and Title Map

8 WAVENEY AVENUE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 8 WAVENEY 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 WAVENEY 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.

Where is 8 WAVENEY AVENUE?

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