48, BISHOPS ROAD, BEDFORD, MK41 0SL - £265,000

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

48 BISHOPS ROAD is a very small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £265,000 in July 2020, which was around 42% below the average July 2020 detached price in the Bedford local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was B.

48 BISHOPS ROAD Sold Prices

Land registry data shows two sales for 48 BISHOPS 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. Both of the two 48 BISHOPS ROAD 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
2020 24 JUL	£265,000	£454,645	42% below HPI
1998 2 JUN	£94,000	£114,367	18% below HPI

48 BISHOPS 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 48 BISHOPS ROAD sales from June 1998 and July 2020 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 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 48 BISHOPS ROAD?

48 BISHOPS ROAD is 93m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 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 48 BISHOPS ROAD lies on this distribution: 19% of detached houses are smaller than 48 BISHOPS ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Bedford.

48 BISHOPS ROAD: Plot and Title Map

48 BISHOPS ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 48 BISHOPS 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 48 BISHOPS 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 48 BISHOPS ROAD?

48 BISHOPS ROAD is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 48 on BISHOPS ROAD.