34, NEWSTEAD WAY, BEDFORD, MK41 8RH - £425,000

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

34 NEWSTEAD WAY is a small detached house of 113m², built sometime between 1991 and 1995. It was last sold for £425,000 in February 2018, which was around 8% below the average February 2018 detached price in the Bedford local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

34 NEWSTEAD WAY Sold Prices

Land registry data shows two sales for 34 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 34 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
2018 27 FEB	£425,000	£463,259	8% below HPI
2013 5 JUN	£240,000	£307,410	22% below HPI

34 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 34 NEWSTEAD WAY sales from June 2013 and February 2018 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 June 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 34 NEWSTEAD WAY?

34 NEWSTEAD WAY is 113m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 34 NEWSTEAD WAY lies on this distribution: 38% of detached houses are smaller than 34 NEWSTEAD WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Bedford.

34 NEWSTEAD WAY: Plot and Title Map

34 NEWSTEAD WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 34 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 34 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 34 NEWSTEAD WAY?

34 NEWSTEAD WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 34 on NEWSTEAD WAY.