15, MERTON ROAD, BEDFORD, MK40 3AF - £430,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

15 MERTON ROAD is a very large detached house of 245m², built sometime between 1900 and 1929. It was last sold for £430,000 in March 2011, which was around 45% above the average March 2011 detached price in the Bedford local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

15 MERTON ROAD Sold Prices

Land registry data shows two sales for 15 MERTON 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. One of the two 15 MERTON ROAD sales was for above the average price, whilst the other 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
2011 31 MAR	£430,000	£295,810	45% above HPI
2003 31 MAR	£213,081	£239,961	11% below HPI

15 MERTON 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 15 MERTON ROAD sales from March 2003 and March 2011 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 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2011 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 15 MERTON ROAD?

15 MERTON ROAD is 245m² according to the EPC inspection conducted in May 2010. This puts it in the largest 10% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 15 MERTON ROAD lies on this distribution: 93% of detached houses are smaller than 15 MERTON ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Bedford.

15 MERTON ROAD: Plot and Title Map

15 MERTON ROAD sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 15 MERTON 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 15 MERTON 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 15 MERTON ROAD?

15 MERTON ROAD is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 15 on MERTON ROAD.