10, PEDLEY WAY, BEDFORD, MK41 0GF - £475,000

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.

10 PEDLEY WAY is a midsized detached house of 135m², built sometime from 2007 onwards, which could now be worth an estimated £553,592. It was last sold for £475,000 in March 2021, which was around 3% above the average March 2021 detached price in the Bedford local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

10 PEDLEY WAY Sold Prices

Land registry data shows three sales for 10 PEDLEY WAY 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. Two of the three 10 PEDLEY WAY sales were for above the average price, whilst one was 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
2021 3 MAR	£475,000	£462,806	3% above HPI
2015 6 MAR	£278,000	£353,244	21% below HPI
2008 30 JUN	£310,000	£302,932	2% above HPI

10 PEDLEY WAY 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 10 PEDLEY WAY sales between June 2008 and March 2021 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 March 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 10 PEDLEY WAY be worth now?

10 PEDLEY WAY might now be worth an estimated £553,592.

This is based on house price inflation of 16.5%, between March 2021 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 16.5% inflationary increase is applied to the most recent sale price for 10 PEDLEY WAY of £475,000 on 3rd March 2021. For the value to have increased from £475,000 to £553,592 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 10 PEDLEY WAY has moved in line with the HPI for detached houses in the Bedford local authority area.
• The March 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PEDLEY WAY has not materially changed since March 2021.

How Large is 10 PEDLEY WAY?

10 PEDLEY WAY is 135m² according to the EPC inspection conducted in June 2014. This puts it in the largest 40% 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 10 PEDLEY WAY lies on this distribution: 59% of detached houses houses are smaller than 10 PEDLEY WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Bedford.

10 PEDLEY WAY: Plot and Title Map

10 PEDLEY WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 10 PEDLEY 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 10 PEDLEY 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 10 PEDLEY WAY?

10 PEDLEY WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 10 on PEDLEY WAY.