131, MILLWRIGHT WAY, FLITWICK, BEDFORD, MK45 1BZ - £321,000

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.

131 MILLWRIGHT WAY is a small detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £423,851. It was last sold for £321,000 in August 2016, which was around 32% below the average August 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

131 MILLWRIGHT WAY Sold Prices

Land registry data shows three sales for 131 MILLWRIGHT 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 Central Bedfordshire local authority area for the corresponding sale date. All of the three 131 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
2016 12 AUG	£321,000	£472,256	32% below HPI
2006 12 DEC	£219,000	£326,607	33% below HPI
1995 26 MAY	£79,000	£100,204	21% below HPI

131 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 three 131 MILLWRIGHT WAY sales between May 1995 and August 2016 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 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 131 MILLWRIGHT WAY be worth now?

131 MILLWRIGHT WAY might now be worth an estimated £423,851.

This is based on house price inflation of 32%, between August 2016 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32% inflationary increase is applied to the most recent sale price for 131 MILLWRIGHT WAY of £321,000 on 12th August 2016. For the value to have increased from £321,000 to £423,851 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 131 MILLWRIGHT WAY has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The August 2016 sale price of £321,000 represented a fair market value for the property.
• The size, condition, and specification of 131 MILLWRIGHT WAY has not materially changed since August 2016.

How Large is 131 MILLWRIGHT WAY?

131 MILLWRIGHT WAY is 91m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 30% of detached houses houses in Flitwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Flitwick, and where 131 MILLWRIGHT WAY lies on this distribution: 23% of detached houses houses are smaller than 131 MILLWRIGHT WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

131 MILLWRIGHT WAY: Plot and Title Map

131 MILLWRIGHT WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 131 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 131 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 131 MILLWRIGHT WAY?

131 MILLWRIGHT WAY is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 131 on MILLWRIGHT WAY.