2, PARK ROAD NORTH, BEDFORD, MK41 7RH - £165,000

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 PARK ROAD NORTH is a very large extended detached house of 181m², built sometime before 1900. It was last sold for £165,000 in January 2001, which was around 1% below the average January 2001 detached price in the Bedford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

2 PARK ROAD NORTH Sold Prices

Land registry data shows two sales for 2 PARK ROAD NORTH 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 2 PARK ROAD NORTH 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
2001 19 JAN	£165,000	£167,490	1% below HPI
1995 31 AUG	£76,000	£92,781	18% below HPI

2 PARK ROAD NORTH 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 2 PARK ROAD NORTH sales from August 1995 and January 2001 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 August 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2001 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 PARK ROAD NORTH?

2 PARK ROAD NORTH is 181m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 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 PARK ROAD NORTH lies on this distribution: 83% of detached houses are smaller than 2 PARK ROAD NORTH, and 17% of houses are larger. Note that EPC data is not available for all properties in Bedford.

2 PARK ROAD NORTH: Plot and Title Map

2 PARK ROAD NORTH sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 2 PARK ROAD NORTH, 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 PARK ROAD NORTH). 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 PARK ROAD NORTH?

2 PARK ROAD NORTH is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 2 on PARK ROAD NORTH.