1, MILLWRIGHT WAY, FLITWICK, BEDFORD, MK45 1BL - £247,500

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 MILLWRIGHT WAY is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £247,500 in November 2013, which was around 26% below the average November 2013 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

1 MILLWRIGHT WAY Sold Prices

Land registry data shows two sales for 1 MILLWRIGHT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 1 MILLWRIGHT WAY 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
2013 1 NOV	£247,500	£334,100	26% below HPI
2009 18 DEC	£240,000	£299,507	20% below HPI

1 MILLWRIGHT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 1 MILLWRIGHT WAY sales from December 2009 and November 2013 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 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 MILLWRIGHT WAY?

1 MILLWRIGHT WAY is 76m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Flitwick, based on EPC data. The below chart shows the distribution of detached houses by size in Flitwick, and where 1 MILLWRIGHT WAY lies on this distribution: 7% of detached houses are smaller than 1 MILLWRIGHT WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

1 MILLWRIGHT WAY: Plot and Title Map

1 MILLWRIGHT WAY sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 1 MILLWRIGHT 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 1 MILLWRIGHT 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 1 MILLWRIGHT WAY?

1 MILLWRIGHT WAY is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 1 on MILLWRIGHT WAY.