38, KING EDWARD ROAD, BEDFORD, MK41 9SF - £419,995

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.

38 KING EDWARD ROAD is a large extended detached house of 137m², built sometime between 1991 and 1995, which could now be worth an estimated £492,212. It was last sold for £419,995 in September 2020, which was around 9% below the average September 2020 detached price in the Bedford local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

38 KING EDWARD ROAD Sold Prices

Land registry data shows four sales for 38 KING EDWARD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 38 KING EDWARD ROAD 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 4 SEP	£419,995	£460,243	9% below HPI
2020 28 AUG	£419,995	£448,766	6% below HPI
2002 22 APR	£190,500	£199,128	4% below HPI
1997 30 MAY	£94,000	£101,920	8% below HPI

38 KING EDWARD ROAD 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 four 38 KING EDWARD ROAD sales between May 1997 and September 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 August 2020 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 38 KING EDWARD ROAD be worth now?

38 KING EDWARD ROAD might now be worth an estimated £492,212.

This is based on house price inflation of 17.2%, between September 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 17.2% inflationary increase is applied to the most recent sale price for 38 KING EDWARD ROAD of £419,995 on 4th September 2020. For the value to have increased from £419,995 to £492,212 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 38 KING EDWARD ROAD has moved in line with the HPI for detached houses in the Bedford local authority area.
• The September 2020 sale price of £419,995 represented a fair market value for the property.
• The size, condition, and specification of 38 KING EDWARD ROAD has not materially changed since September 2020.

How Large is 38 KING EDWARD ROAD?

38 KING EDWARD ROAD is 137m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 38 KING EDWARD ROAD lies on this distribution: 61% of detached houses houses are smaller than 38 KING EDWARD ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Bedford.

38 KING EDWARD ROAD: Plot and Title Map

38 KING EDWARD ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 38 KING EDWARD ROAD, 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 38 KING EDWARD ROAD). 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 38 KING EDWARD ROAD?

38 KING EDWARD ROAD is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 38 on KING EDWARD ROAD.