1, ARKWRIGHT ROAD, MILTON ERNEST, BEDFORD, MK44 1SE - £365,000

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

1 ARKWRIGHT ROAD is a very small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £365,000 in April 2023, which was around 34% below the average April 2023 detached price in the Bedford local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

1 ARKWRIGHT ROAD Sold Prices

Land registry data shows two sales for 1 ARKWRIGHT ROAD 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 1 ARKWRIGHT ROAD 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
2023 28 APR	£365,000	£551,195	34% below HPI
2022 25 NOV	£405,000	£559,470	28% below HPI

1 ARKWRIGHT ROAD 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 1 ARKWRIGHT ROAD sales from November 2022 and April 2023 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 2022 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 ARKWRIGHT ROAD?

1 ARKWRIGHT ROAD is 93m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Milton Ernest, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Ernest, and where 1 ARKWRIGHT ROAD lies on this distribution: 11% of detached houses are smaller than 1 ARKWRIGHT ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Milton Ernest.

1 ARKWRIGHT ROAD: Plot and Title Map

1 ARKWRIGHT ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 1 ARKWRIGHT ROAD, 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 1 ARKWRIGHT ROAD). 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 1 ARKWRIGHT ROAD?

1 ARKWRIGHT ROAD is located in MILTON ERNEST, in the MK44 postcode district. The below map shows the position of No. 1 on ARKWRIGHT ROAD.