WOODLANDS, MAY ROAD, TURVEY, BEDFORD, MK43 8DT - £360,000

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

WOODLANDS is a very small detached house of 104m², built sometime before 1900. It was last sold for £360,000 in August 2017, which was around 21% below the average August 2017 detached price in the Bedford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

WOODLANDS Sold Prices

Land registry data shows three sales for WOODLANDS 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. Two of the three WOODLANDS sales were for below the average price, whilst one was 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
2017 31 AUG	£360,000	£457,018	21% below HPI
2016 31 MAR	£400,000	£396,498	1% above HPI
2007 18 JAN	£275,000	£294,496	7% below HPI

WOODLANDS 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 WOODLANDS sales between January 2007 and August 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 March 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is WOODLANDS?

WOODLANDS is 104m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Turvey, based on EPC data. The below chart shows the distribution of detached houses by size in Turvey, and where WOODLANDS lies on this distribution: 16% of detached houses are smaller than WOODLANDS, and 84% of houses are larger. Note that EPC data is not available for all properties in Turvey.

WOODLANDS: Plot and Title Map

WOODLANDS sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

WOODLANDS is located on MAY ROAD in TURVEY, in the MK43 postcode district. The below map shows the position of WOODLANDS on MAY ROAD.