22, GILLSPENNY WAY, WOOTTON, BEDFORD, MK43 9QW - £248,000

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.

22 GILLSPENNY WAY is a very small terraced house of 59m², which could now be worth an estimated £287,212. It was last sold for £248,000 in July 2021, which was around 8% above the average July 2021 terraced price in the Bedford local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

22 GILLSPENNY WAY Sold Prices

Land registry data shows three sales for 22 GILLSPENNY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bedford local authority area for the corresponding sale date. All of the three 22 GILLSPENNY WAY 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 16 JUL	£248,000	£228,572	8% above HPI
2020 7 SEP	£240,000	£217,502	10% above HPI
2018 27 JUL	£251,995	£219,157	15% above HPI

22 GILLSPENNY WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bedford local authority area over time, sourced from the HPI. The three 22 GILLSPENNY WAY sales between July 2018 and July 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 September 2020 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 22 GILLSPENNY WAY be worth now?

22 GILLSPENNY WAY might now be worth an estimated £287,212.

This is based on house price inflation of 15.8%, between July 2021 and June 2025, for terraced 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 15.8% inflationary increase is applied to the most recent sale price for 22 GILLSPENNY WAY of £248,000 on 16th July 2021. For the value to have increased from £248,000 to £287,212 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of 22 GILLSPENNY WAY has moved in line with the HPI for terraced houses in the Bedford local authority area.
• The July 2021 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GILLSPENNY WAY has not materially changed since July 2021.

How Large is 22 GILLSPENNY WAY?

22 GILLSPENNY WAY is 59m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of terraced houses houses in Wootton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wootton, and where 22 GILLSPENNY WAY lies on this distribution: 1% of terraced houses houses are smaller than 22 GILLSPENNY WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Wootton.

22 GILLSPENNY WAY: Plot and Title Map

22 GILLSPENNY WAY sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 22 GILLSPENNY WAY, 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 22 GILLSPENNY WAY). 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 22 GILLSPENNY WAY?

22 GILLSPENNY WAY is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 22 on GILLSPENNY WAY.