2, KENNET RISE, BEDFORD, MK41 7TZ - £326,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 KENNET RISE is a very small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £326,000 in August 2018, which was around 31% below the average August 2018 detached price in the Bedford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 KENNET RISE Sold Prices

Land registry data shows three sales for 2 KENNET RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 2 KENNET RISE 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
2018 31 AUG	£326,000	£473,074	31% below HPI
2014 4 MAR	£225,000	£317,051	29% below HPI
1997 8 AUG	£73,100	£108,158	32% below HPI

2 KENNET RISE 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 three 2 KENNET RISE sales between August 1997 and August 2018 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 March 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 KENNET RISE?

2 KENNET RISE is 93m², which includes one extension, according to the EPC inspection conducted in March 2018. 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 2 KENNET RISE lies on this distribution: 19% of detached houses are smaller than 2 KENNET RISE, and 80% of houses are larger. Note that EPC data is not available for all properties in Bedford.

2 KENNET RISE: Plot and Title Map

2 KENNET RISE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 2 KENNET RISE, 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 KENNET RISE). 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 KENNET RISE?

2 KENNET RISE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 2 on KENNET RISE.