HOMEACRE, ODELL ROAD, SHARNBROOK, BEDFORD, MK44 1JJ - £740,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HOMEACRE is a very large extended detached house of 189m², built sometime between 1950 and 1966, which could now be worth an estimated £995,509. It was last sold for £740,000 in May 2016, which was around 85% above the average May 2016 detached price in the Bedford local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

HOMEACRE Sold Prices

Land registry data shows two sales for HOMEACRE 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 HOMEACRE 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
2016 11 MAY	£740,000	£400,942	85% above HPI
2004 10 DEC	£575,000	£263,605	118% above HPI

HOMEACRE 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 HOMEACRE sales from December 2004 and May 2016 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 December 2004 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the May 2016 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might HOMEACRE be worth now?

HOMEACRE might now be worth an estimated £995,509.

This is based on house price inflation of 34.5%, between May 2016 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.5% inflationary increase is applied to the most recent sale price for HOMEACRE of £740,000 on 11th May 2016. For the value to have increased from £740,000 to £995,509 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of HOMEACRE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The May 2016 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of HOMEACRE has not materially changed since May 2016.

How Large is HOMEACRE?

HOMEACRE is 189m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses houses in Sharnbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sharnbrook, and where HOMEACRE lies on this distribution: 83% of detached houses houses are smaller than HOMEACRE, and 17% of houses are larger. Note that EPC data is not available for all properties in Sharnbrook.

HOMEACRE: Plot and Title Map

HOMEACRE sits on a plot of roughly 0.351 of an acre, or 1,419m². The below map shows the location of HOMEACRE, 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 HOMEACRE). 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 HOMEACRE?

HOMEACRE is located on ODELL ROAD in SHARNBROOK, in the MK44 postcode district. The below map shows the position of HOMEACRE on ODELL ROAD.