2, ASPEN WAY, SILSOE, BEDFORD, MK45 4GF - £500,000

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

2 ASPEN WAY is a large detached house of 165m², built sometime from 2012 onwards. It was last sold for £500,000 in January 2024, which was around 11% below the average January 2024 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

2 ASPEN WAY Sold Prices

Land registry data shows three sales for 2 ASPEN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Two of the three 2 ASPEN WAY sales were for below the average price, whilst one 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
2024 10 JAN	£500,000	£560,058	11% below HPI
2022 14 NOV	£460,000	£574,001	20% below HPI
2013 28 OCT	£400,000	£334,285	20% above HPI

2 ASPEN 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 three 2 ASPEN WAY sales between October 2013 and January 2024 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 November 2022 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 ASPEN WAY?

2 ASPEN WAY is 165m² according to the EPC inspection conducted in November 2023. This puts it in the largest 40% of detached houses in Silsoe, based on EPC data. The below chart shows the distribution of detached houses by size in Silsoe, and where 2 ASPEN WAY lies on this distribution: 69% of detached houses are smaller than 2 ASPEN WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Silsoe.

2 ASPEN WAY: Plot and Title Map

2 ASPEN WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 2 ASPEN 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 2 ASPEN 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 2 ASPEN WAY?

2 ASPEN WAY is located in SILSOE, in the MK45 postcode district. The below map shows the position of No. 2 on ASPEN WAY.