24, HOME FARM WAY, WESTONING, BEDFORD, MK45 5LL - £525,000

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.

24 HOME FARM WAY is a midsized terraced house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £622,358. It was last sold for £525,000 in December 2020, which was around 111% above the average December 2020 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

24 HOME FARM WAY Sold Prices

Land registry data shows two sales for 24 HOME FARM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 24 HOME FARM 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
2020 2 DEC	£525,000	£248,857	111% above HPI
1998 4 DEC	£161,000	£60,976	164% above HPI

24 HOME FARM WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 24 HOME FARM WAY sales from December 1998 and December 2020 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 1998 sale was for 164% above the HPI. So the extrapolation line tracks at 164% above the HPI over time, until the December 2020 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

What might 24 HOME FARM WAY be worth now?

24 HOME FARM WAY might now be worth an estimated £622,358.

This is based on house price inflation of 18.5%, between December 2020 and June 2025, for terraced houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 24 HOME FARM WAY of £525,000 on 2nd December 2020. For the value to have increased from £525,000 to £622,358 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 24 HOME FARM WAY has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The December 2020 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 24 HOME FARM WAY has not materially changed since December 2020.

How Large is 24 HOME FARM WAY?

24 HOME FARM WAY is 135m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of terraced houses houses in Westoning, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Westoning, and where 24 HOME FARM WAY lies on this distribution: 41% of terraced houses houses are smaller than 24 HOME FARM WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Westoning.

24 HOME FARM WAY: Plot and Title Map

24 HOME FARM WAY sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 24 HOME FARM 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 24 HOME FARM 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 24 HOME FARM WAY?

24 HOME FARM WAY is located in WESTONING, in the MK45 postcode district. The below map shows the position of No. 24 on HOME FARM WAY.