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 KENNET RISE is a midsized extended detached house of 116m², built sometime between 1991 and 1995. 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 August 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 KENNET RISE since 1st 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 |
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.
2 KENNET RISE is 116m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 50% 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: 41% of detached houses are smaller than 2 KENNET RISE, and 58% of houses are larger. Note that EPC data is not available for all properties in Bedford.
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.
2 KENNET RISE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 2 on KENNET RISE.