2, PENNINE RISE, FLITWICK, BEDFORD, MK45 1TP - £370,000

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 PENNINE RISE is a large extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £370,000 in September 2016, which was around 20% below the average September 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 PENNINE RISE Sold Prices

Land registry data shows two sales for 2 PENNINE RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 2 PENNINE 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
2016 9 SEP	£370,000	£464,303	20% below HPI
1995 26 MAY	£89,000	£97,843	9% below HPI

2 PENNINE RISE 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 two 2 PENNINE RISE sales from May 1995 and September 2016 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 May 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 PENNINE RISE?

2 PENNINE RISE is 133m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% 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 PENNINE RISE lies on this distribution: 67% of detached houses are smaller than 2 PENNINE RISE, and 33% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

2 PENNINE RISE: Plot and Title Map

2 PENNINE RISE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 2 PENNINE 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 PENNINE 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 PENNINE RISE?

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