1, THE FIRS, KEMPSTON, BEDFORD, MK42 7RE - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE FIRS is a very small extended detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £321,317. It was last sold for £275,000 in November 2020, which was around 40% below the average November 2020 detached price in the Bedford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

1 THE FIRS Sold Prices

Land registry data shows three sales for 1 THE FIRS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 1 THE FIRS 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
2020 30 NOV	£275,000	£461,630	40% below HPI
2016 19 MAY	£220,000	£400,942	45% below HPI
2011 27 MAY	£153,000	£290,088	47% below HPI

1 THE FIRS 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 three 1 THE FIRS sales between May 2011 and November 2020 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 May 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 THE FIRS be worth now?

1 THE FIRS might now be worth an estimated £321,317.

This is based on house price inflation of 16.8%, between November 2020 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 16.8% inflationary increase is applied to the most recent sale price for 1 THE FIRS of £275,000 on 30th November 2020. For the value to have increased from £275,000 to £321,317 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 THE FIRS has moved in line with the HPI for detached houses in the Bedford local authority area.
• The November 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE FIRS has not materially changed since November 2020.

How Large is 1 THE FIRS?

1 THE FIRS is 75m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kempston, and where 1 THE FIRS lies on this distribution: 12% of detached houses houses are smaller than 1 THE FIRS, and 87% of houses are larger. Note that EPC data is not available for all properties in Kempston.

1 THE FIRS: Plot and Title Map

1 THE FIRS sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 1 THE FIRS, 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 THE FIRS). 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 THE FIRS?

1 THE FIRS is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 1 on THE FIRS.