15, MILTON WAY, HOUGHTON REGIS, DUNSTABLE, LU5 5UF - £373,000

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.

15 MILTON WAY is a small detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £454,814. It was last sold for £373,000 in March 2020, which was around 27% below the average March 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

15 MILTON WAY Sold Prices

Land registry data shows two sales for 15 MILTON 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 15 MILTON 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
2020 6 MAR	£373,000	£511,400	27% below HPI
2017 27 JUN	£325,000	£504,670	36% below HPI

15 MILTON 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 15 MILTON WAY sales from June 2017 and March 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 June 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 15 MILTON WAY be worth now?

15 MILTON WAY might now be worth an estimated £454,814.

This is based on house price inflation of 21.9%, between March 2020 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 21.9% inflationary increase is applied to the most recent sale price for 15 MILTON WAY of £373,000 on 6th March 2020. For the value to have increased from £373,000 to £454,814 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 15 MILTON WAY has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The March 2020 sale price of £373,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MILTON WAY has not materially changed since March 2020.

How Large is 15 MILTON WAY?

15 MILTON WAY is 95m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses houses in Houghton Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Houghton Regis, and where 15 MILTON WAY lies on this distribution: 31% of detached houses houses are smaller than 15 MILTON WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Houghton Regis.

15 MILTON WAY: Plot and Title Map

15 MILTON WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 15 MILTON 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 15 MILTON 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 15 MILTON WAY?

15 MILTON WAY is located in HOUGHTON REGIS, in the LU5 postcode district. The below map shows the position of No. 15 on MILTON WAY.