42, MARKHAM RISE, BEDFORD, MK41 0FF - £435,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

42 MARKHAM RISE is a small detached house of 99m². It was last sold for £435,000 in June 2023, which was around 20% below the average June 2023 detached price in the Bedford local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

42 MARKHAM RISE Sold Prices

Land registry data shows two sales for 42 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 42 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
2023 28 JUN	£435,000	£540,454	20% below HPI
2016 25 APR	£296,995	£402,463	26% below HPI

42 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 42 MARKHAM RISE sales from April 2016 and June 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 April 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 42 MARKHAM RISE?

42 MARKHAM RISE is 99m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 42 MARKHAM RISE lies on this distribution: 25% of detached houses are smaller than 42 MARKHAM RISE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bedford.

42 MARKHAM RISE: Plot and Title Map

42 MARKHAM RISE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 42 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 42 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 42 MARKHAM RISE?

42 MARKHAM RISE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 42 on MARKHAM RISE.