15, RHINELAND WAY, BEDFORD, MK41 7YP - £310,000

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 RHINELAND WAY is a very small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £338,673. It was last sold for £310,000 in November 2021, which was around 37% below the average November 2021 detached price in the Bedford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

15 RHINELAND WAY Sold Prices

Land registry data shows four sales for 15 RHINELAND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 15 RHINELAND 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
2021 9 NOV	£310,000	£493,714	37% below HPI
2020 15 DEC	£295,000	£462,499	36% below HPI
1998 27 APR	£87,500	£110,389	21% below HPI
1996 24 JAN	£78,500	£88,492	11% below HPI

15 RHINELAND 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 four 15 RHINELAND WAY sales between January 1996 and November 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 December 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 15 RHINELAND WAY be worth now?

15 RHINELAND WAY might now be worth an estimated £338,673.

This is based on house price inflation of 9.2%, between November 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 9.2% inflationary increase is applied to the most recent sale price for 15 RHINELAND WAY of £310,000 on 9th November 2021. For the value to have increased from £310,000 to £338,673 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 RHINELAND WAY has moved in line with the HPI for detached houses in the Bedford local authority area.
• The November 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RHINELAND WAY has not materially changed since November 2021.

How Large is 15 RHINELAND WAY?

15 RHINELAND WAY is 79m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% 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 15 RHINELAND WAY lies on this distribution: 7% of detached houses houses are smaller than 15 RHINELAND WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Bedford.

15 RHINELAND WAY: Plot and Title Map

15 RHINELAND WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 15 RHINELAND 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 RHINELAND 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 RHINELAND WAY?

15 RHINELAND WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 15 on RHINELAND WAY.