43, PARK ROAD, STEVINGTON, BEDFORD, MK43 7QG - £395,000

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

43 PARK ROAD is a small extended semi-detached house of 117m², built sometime between 1930 and 1949. It was last sold for £395,000 in January 2016, which was about the average January 2016 detached price in the Bedford local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

43 PARK ROAD Sold Prices

Land registry data shows two sales for 43 PARK 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 43 PARK ROAD sales was roughly equal to the average price, whilst the other was 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
2016 29 JAN	£395,000	£393,742	Close to HPI
2010 30 SEP	£240,000	£304,996	21% below HPI

43 PARK 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 43 PARK ROAD sales from September 2010 and January 2016 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 September 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 43 PARK ROAD?

43 PARK ROAD is 117m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Stevington, based on EPC data. The below chart shows the distribution of detached houses by size in Stevington, and where 43 PARK ROAD lies on this distribution: 25% of detached houses are smaller than 43 PARK ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Stevington.

43 PARK ROAD: Plot and Title Map

43 PARK ROAD sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 43 PARK 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 43 PARK 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 43 PARK ROAD?

43 PARK ROAD is located in STEVINGTON, in the MK43 postcode district. The below map shows the position of No. 43 on PARK ROAD.