20, NEWSTEAD WAY, BEDFORD, MK41 8RH - £400,000

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

20 NEWSTEAD WAY is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £400,000 in October 2016, which was around 8% below the average October 2016 detached price in the Bedford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

20 NEWSTEAD WAY Sold Prices

Land registry data shows two sales for 20 NEWSTEAD WAY 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 20 NEWSTEAD 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
2016 7 OCT	£400,000	£433,742	8% below HPI
2006 28 JUL	£267,600	£283,441	6% below HPI

20 NEWSTEAD WAY 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 20 NEWSTEAD WAY sales from July 2006 and October 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 July 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 20 NEWSTEAD WAY?

20 NEWSTEAD WAY is 118m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 20 NEWSTEAD WAY lies on this distribution: 44% of detached houses are smaller than 20 NEWSTEAD WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Bedford.

20 NEWSTEAD WAY: Plot and Title Map

20 NEWSTEAD WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 20 NEWSTEAD 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 20 NEWSTEAD 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 20 NEWSTEAD WAY?

20 NEWSTEAD WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 20 on NEWSTEAD WAY.