4, MILLFIELD, BROMHAM, BEDFORD, MK43 8LR - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 MILLFIELD is a very small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £500,000 in June 2022, which was around 5% below the average June 2022 detached price in the Bedford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

4 MILLFIELD Sold Prices

Land registry data shows two sales for 4 MILLFIELD 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 4 MILLFIELD 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
2022 17 JUN	£500,000	£526,167	5% below HPI
1997 18 DEC	£70,000	£110,338	37% below HPI

4 MILLFIELD 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 MILLFIELD sales from December 1997 and June 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 December 1997 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 4 MILLFIELD?

4 MILLFIELD is 88m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Bromham, based on EPC data. The below chart shows the distribution of detached houses by size in Bromham, and where 4 MILLFIELD lies on this distribution: 13% of detached houses are smaller than 4 MILLFIELD, and 86% of houses are larger. Note that EPC data is not available for all properties in Bromham.

4 MILLFIELD: Plot and Title Map

4 MILLFIELD sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 4 MILLFIELD, 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 MILLFIELD). 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 MILLFIELD?

4 MILLFIELD is located in BROMHAM, in the MK43 postcode district. The below map shows the position of No. 4 on MILLFIELD.