1, MARGIL ROAD, BEDFORD, MK41 7FQ - £436,000

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.

1 MARGIL ROAD is a large detached house of 163m², which could now be worth an estimated £545,596. It was last sold for £436,000 in February 2017, which was around 1% above the average February 2017 detached price in the Bedford local authority area. The most recent EPC inspection was December 2009, where the current energy rating was B, and the potential energy rating was B.

1 MARGIL ROAD Sold Prices

Land registry data shows two sales for 1 MARGIL 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 MARGIL ROAD 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
2017 23 FEB	£436,000	£431,033	1% above HPI
2011 29 DEC	£300,000	£289,172	4% above HPI

1 MARGIL 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 MARGIL ROAD sales from December 2011 and February 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 December 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2017 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 1 MARGIL ROAD be worth now?

1 MARGIL ROAD might now be worth an estimated £545,596.

This is based on house price inflation of 25.1%, between February 2017 and February 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 25.1% inflationary increase is applied to the most recent sale price for 1 MARGIL ROAD of £436,000 on 23rd February 2017. For the value to have increased from £436,000 to £545,596 over the eight years to February 2025, the following assumptions must hold true:

• The value of 1 MARGIL ROAD has moved in line with the HPI for detached houses in the Bedford local authority area.
• The February 2017 sale price of £436,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARGIL ROAD has not materially changed since February 2017.

How Large is 1 MARGIL ROAD?

1 MARGIL ROAD is 163m² according to the EPC inspection conducted in December 2009. This puts it in the largest 30% 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 MARGIL ROAD lies on this distribution: 76% of detached houses houses are smaller than 1 MARGIL ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1 MARGIL ROAD: Plot and Title Map

1 MARGIL ROAD sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 1 MARGIL 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 MARGIL 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 MARGIL ROAD?

1 MARGIL ROAD is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 1 on MARGIL ROAD.