41, MARKHAM RISE, BEDFORD, MK41 0FF - £394,000

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

41 MARKHAM RISE is a midsized detached house of 130m², which could now be worth an estimated £472,924. It was last sold for £394,000 in June 2019, which was around 13% below the average June 2019 detached price in the Bedford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

41 MARKHAM RISE Sold Prices

Land registry data shows two sales for 41 MARKHAM RISE 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 41 MARKHAM RISE 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
2019 6 JUN	£394,000	£451,808	13% below HPI
2016 1 JUN	£376,495	£405,725	7% below HPI

41 MARKHAM RISE 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 41 MARKHAM RISE sales from June 2016 and June 2019 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 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 41 MARKHAM RISE be worth now?

41 MARKHAM RISE might now be worth an estimated £472,924.

This is based on house price inflation of 20%, between June 2019 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 20% inflationary increase is applied to the most recent sale price for 41 MARKHAM RISE of £394,000 on 6th June 2019. For the value to have increased from £394,000 to £472,924 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 41 MARKHAM RISE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The June 2019 sale price of £394,000 represented a fair market value for the property.
• The size, condition, and specification of 41 MARKHAM RISE has not materially changed since June 2019.

How Large is 41 MARKHAM RISE?

41 MARKHAM RISE is 130m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% 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 41 MARKHAM RISE lies on this distribution: 55% of detached houses houses are smaller than 41 MARKHAM RISE, and 44% of houses are larger. Note that EPC data is not available for all properties in Bedford.

41 MARKHAM RISE: Plot and Title Map

41 MARKHAM RISE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 41 MARKHAM RISE, 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 41 MARKHAM RISE). 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 41 MARKHAM RISE?

41 MARKHAM RISE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 41 on MARKHAM RISE.