4, PARKLANDS, BEDFORD, MK41 9LZ - £635,000

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 PARKLANDS is a very large detached house of 185m², built sometime between 2003 and 2006. It was last sold for £635,000 in September 2023, which was around 15% above the average September 2023 detached price in the Bedford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

4 PARKLANDS Sold Prices

Land registry data shows two sales for 4 PARKLANDS 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 PARKLANDS sales were 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
2023 21 SEP	£635,000	£550,849	15% above HPI
2002 18 NOV	£295,000	£224,403	31% above HPI

4 PARKLANDS 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 PARKLANDS sales from November 2002 and September 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 November 2002 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 4 PARKLANDS?

4 PARKLANDS is 185m² according to the EPC inspection conducted in February 2023. This puts it in the largest 20% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 4 PARKLANDS lies on this distribution: 84% of detached houses are smaller than 4 PARKLANDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Bedford.

4 PARKLANDS: Plot and Title Map

4 PARKLANDS sits on a plot of roughly 0.136 of an acre, or 548m². The below map shows the location of 4 PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

4 PARKLANDS is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 4 on PARKLANDS.