161, SPRING ROAD, KEMPSTON, BEDFORD, MK42 8NR - £520,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

161 SPRING ROAD is a very large detached house of 140m², built sometime between 1983 and 1990. It was last sold for £520,000 in August 2022, which was around 5% below the average August 2022 detached price in the Bedford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

161 SPRING ROAD Sold Prices

Land registry data shows two sales for 161 SPRING 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 161 SPRING ROAD sales was for below the average price, whilst the other was for above 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
2022 2 AUG	£520,000	£545,017	5% below HPI
1997 21 JAN	£115,000	£97,115	18% above HPI

161 SPRING 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 161 SPRING ROAD sales from January 1997 and August 2022 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 January 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 161 SPRING ROAD?

161 SPRING ROAD is 140m² according to the EPC inspection conducted in January 2022. This puts it in the largest 20% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 161 SPRING ROAD lies on this distribution: 84% of detached houses are smaller than 161 SPRING ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Kempston.

161 SPRING ROAD: Plot and Title Map

161 SPRING ROAD sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 161 SPRING 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 161 SPRING 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 161 SPRING ROAD?

161 SPRING ROAD is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 161 on SPRING ROAD.