2, MILLWRIGHT WAY, FLITWICK, BEDFORD, MK45 1BL - £342,500

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

2 MILLWRIGHT WAY is a very small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £342,500 in June 2021, which was around 32% below the average June 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

2 MILLWRIGHT WAY Sold Prices

Land registry data shows seven sales for 2 MILLWRIGHT WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the seven 2 MILLWRIGHT WAY 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
2021 18 JUN	£342,500	£504,201	32% below HPI
2015 26 NOV	£318,600	£424,921	25% below HPI
2014 28 JAN	£275,000	£334,210	18% below HPI
2002 2 DEC	£197,500	£257,292	23% below HPI
1998 28 AUG	£102,000	£131,558	22% below HPI
1997 17 MAR	£87,000	£106,556	18% below HPI
1995 24 NOV	£74,000	£98,985	25% below HPI

2 MILLWRIGHT 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 seven 2 MILLWRIGHT WAY sales between November 1995 and June 2021 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 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 MILLWRIGHT WAY?

2 MILLWRIGHT WAY is 89m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Flitwick, based on EPC data. The below chart shows the distribution of detached houses by size in Flitwick, and where 2 MILLWRIGHT WAY lies on this distribution: 17% of detached houses are smaller than 2 MILLWRIGHT WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

2 MILLWRIGHT WAY: Plot and Title Map

2 MILLWRIGHT WAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 MILLWRIGHT 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 MILLWRIGHT 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 MILLWRIGHT WAY?

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