4, SCHOOL LANE, WOOTTON, BEDFORD, MK43 9HW - £304,000

4 SCHOOL LANE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £304,000 in September 2017, which was around 34% below the average September 2017 detached price in the Bedford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

4 SCHOOL LANE Sold Prices

Land registry data shows six sales for 4 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the six 4 SCHOOL LANE 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
2017 22 SEP	£304,000	£459,964	34% below HPI
2015 9 NOV	£238,000	£384,116	38% below HPI
2011 26 AUG	£218,000	£298,682	27% below HPI
2006 12 DEC	£214,950	£293,606	27% below HPI
2001 28 JUN	£125,000	£175,323	29% below HPI
1997 27 JUN	£74,950	£105,220	29% below HPI

4 SCHOOL LANE 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 six 4 SCHOOL LANE sales between June 1997 and September 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 November 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2017 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 4 SCHOOL LANE?

4 SCHOOL LANE is 73m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 4 SCHOOL LANE lies on this distribution: 2% of detached houses are smaller than 4 SCHOOL LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wootton.

4 SCHOOL LANE: Plot and Title Map

4 SCHOOL LANE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 4 SCHOOL LANE, 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 4 SCHOOL LANE). 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 4 SCHOOL LANE?

4 SCHOOL LANE is located in WOOTTON, in the MK43 postcode district. The below map shows the position of No. 4 on SCHOOL LANE.