1, HOWARD PLACE, BEDFORD, MK40 4FP - £88,500

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.

1 HOWARD PLACE is a very small detached house of 29m², built sometime between 1983 and 1990, which could now be worth an estimated £133,527. It was last sold for £88,500 in July 2015, which was around 75% below the average July 2015 detached price in the Bedford local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

1 HOWARD PLACE Sold Prices

Land registry data shows four sales for 1 HOWARD PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 1 HOWARD PLACE 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
2015 3 JUL	£88,500	£361,078	75% below HPI
2005 16 DEC	£86,995	£272,457	68% below HPI
2001 9 NOV	£39,500	£181,668	78% below HPI
1997 29 AUG	£52,000	£105,841	51% below HPI

1 HOWARD PLACE 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 four 1 HOWARD PLACE sales between August 1997 and July 2015 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 2005 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the July 2015 sale, where it falls to 75% below the HPI. The line then continues to track at 75% below the HPI.

What might 1 HOWARD PLACE be worth now?

1 HOWARD PLACE might now be worth an estimated £133,527.

This is based on house price inflation of 50.9%, between July 2015 and March 2025, for detached 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 50.9% inflationary increase is applied to the most recent sale price for 1 HOWARD PLACE of £88,500 on 3rd July 2015. For the value to have increased from £88,500 to £133,527 over the ten years and four months to March 2025, the following assumptions must hold true:

• The value of 1 HOWARD PLACE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The July 2015 sale price of £88,500 represented a fair market value for the property.
• The size, condition, and specification of 1 HOWARD PLACE has not materially changed since July 2015.

How Large is 1 HOWARD PLACE?

1 HOWARD PLACE is 29m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 1 HOWARD PLACE lies on this distribution: Less than 1% of detached houses houses are smaller than 1 HOWARD PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1 HOWARD PLACE: Plot and Title Map

1 HOWARD PLACE sits on a plot of roughly 0.012 of an acre, or 49m². The below map shows the location of 1 HOWARD PLACE, 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 HOWARD PLACE). 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 HOWARD PLACE?

1 HOWARD PLACE is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 1 on HOWARD PLACE.