3, SPRING GARDENS, KEMPSTON, BEDFORD, MK42 8LH - £313,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SPRING GARDENS is a small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £369,664. It was last sold for £313,000 in May 2020, which was around 31% below the average May 2020 detached price in the Bedford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

3 SPRING GARDENS Sold Prices

Land registry data shows two sales for 3 SPRING GARDENS 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 3 SPRING GARDENS 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
2020 28 MAY	£313,000	£456,701	31% below HPI
2006 3 APR	£240,000	£274,024	12% below HPI

3 SPRING GARDENS 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 3 SPRING GARDENS sales from April 2006 and May 2020 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 April 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 SPRING GARDENS be worth now?

3 SPRING GARDENS might now be worth an estimated £369,664.

This is based on house price inflation of 18.1%, between May 2020 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for 3 SPRING GARDENS of £313,000 on 28th May 2020. For the value to have increased from £313,000 to £369,664 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 3 SPRING GARDENS has moved in line with the HPI for detached houses in the Bedford local authority area.
• The May 2020 sale price of £313,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRING GARDENS has not materially changed since May 2020.

How Large is 3 SPRING GARDENS?

3 SPRING GARDENS is 86m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kempston, and where 3 SPRING GARDENS lies on this distribution: 24% of detached houses houses are smaller than 3 SPRING GARDENS, and 75% of houses are larger. Note that EPC data is not available for all properties in Kempston.

3 SPRING GARDENS: Plot and Title Map

3 SPRING GARDENS sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 SPRING GARDENS, 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 3 SPRING GARDENS). 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 3 SPRING GARDENS?

3 SPRING GARDENS is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 3 on SPRING GARDENS.