4, ARKWRIGHT ROAD, MILTON ERNEST, BEDFORD, MK44 1SE - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 ARKWRIGHT ROAD is a small extended detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £471,427. It was last sold for £470,000 in September 2022, which was around 13% below the average September 2022 detached price in the Bedford local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

4 ARKWRIGHT ROAD Sold Prices

Land registry data shows two sales for 4 ARKWRIGHT ROAD 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. One of the two 4 ARKWRIGHT ROAD sales was for below the average price, whilst the other was for above 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
2022 16 SEP	£470,000	£540,671	13% below HPI
2000 24 AUG	£187,000	£161,319	16% above HPI

4 ARKWRIGHT 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 two 4 ARKWRIGHT ROAD sales from August 2000 and September 2022 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 2000 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 ARKWRIGHT ROAD be worth now?

4 ARKWRIGHT ROAD might now be worth an estimated £471,427.

This is based on house price inflation of 0.3%, between September 2022 and December 2024, 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 0.3% inflationary increase is applied to the most recent sale price for 4 ARKWRIGHT ROAD of £470,000 on 16th September 2022. For the value to have increased from £470,000 to £471,427 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 4 ARKWRIGHT ROAD has moved in line with the HPI for detached houses in the Bedford local authority area.
• The September 2022 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ARKWRIGHT ROAD has not materially changed since September 2022.

How Large is 4 ARKWRIGHT ROAD?

4 ARKWRIGHT ROAD is 120m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses houses in Milton Ernest, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Ernest, and where 4 ARKWRIGHT ROAD lies on this distribution: 23% of detached houses houses are smaller than 4 ARKWRIGHT ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Milton Ernest.

4 ARKWRIGHT ROAD: Plot and Title Map

4 ARKWRIGHT ROAD sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 4 ARKWRIGHT 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 4 ARKWRIGHT 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 4 ARKWRIGHT ROAD?

4 ARKWRIGHT ROAD is located in MILTON ERNEST, in the MK44 postcode district. The below map shows the position of No. 4 on ARKWRIGHT ROAD.