31, MILLERS WAY, HOUGHTON REGIS, DUNSTABLE, LU5 5FH - £421,000

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

31 MILLERS WAY is a midsized extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £421,000 in December 2023, which was around 24% below the average December 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

31 MILLERS WAY Sold Prices

Land registry data shows four sales for 31 MILLERS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 31 MILLERS 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
2023 18 DEC	£421,000	£555,989	24% below HPI
2018 13 JUL	£365,000	£503,472	28% below HPI
2007 26 JUL	£249,995	£331,509	25% below HPI
1998 9 JUL	£118,950	£129,349	8% below HPI

31 MILLERS 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 four 31 MILLERS WAY sales between July 1998 and December 2023 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 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 31 MILLERS WAY?

31 MILLERS WAY is 103m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses in Houghton Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Houghton Regis, and where 31 MILLERS WAY lies on this distribution: 45% of detached houses are smaller than 31 MILLERS WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Houghton Regis.

31 MILLERS WAY: Plot and Title Map

31 MILLERS WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 31 MILLERS 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 31 MILLERS 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 31 MILLERS WAY?

31 MILLERS WAY is located in HOUGHTON REGIS, in the LU5 postcode district. The below map shows the position of No. 31 on MILLERS WAY.