1A, CAMBRIDGE ROAD, BEDFORD, MK42 0LH - £345,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1A CAMBRIDGE ROAD is a very small detached house of 87m², built sometime from 2012 onwards. It was last sold for £345,000 in December 2023, which was around 36% below the average December 2023 detached price in the Bedford local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

1A CAMBRIDGE ROAD Sold Prices

Land registry data shows two sales for 1A CAMBRIDGE 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. Both of the two 1A CAMBRIDGE ROAD 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
2023 20 DEC	£345,000	£539,939	36% below HPI
2014 22 DEC	£237,000	£347,848	32% below HPI

1A CAMBRIDGE 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 1A CAMBRIDGE ROAD sales from December 2014 and December 2023 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 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1A CAMBRIDGE ROAD?

1A CAMBRIDGE ROAD is 87m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 1A CAMBRIDGE ROAD lies on this distribution: 14% of detached houses are smaller than 1A CAMBRIDGE ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1A CAMBRIDGE ROAD: Plot and Title Map

1A CAMBRIDGE ROAD sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 1A CAMBRIDGE 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 1A CAMBRIDGE 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 1A CAMBRIDGE ROAD?

1A CAMBRIDGE ROAD is located in BEDFORD, in the MK42 postcode district. The below map shows the position of No. 1A on CAMBRIDGE ROAD.