48, SPRUCE WALK, KEMPSTON, BEDFORD, MK42 7LS - £320,000

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

48 SPRUCE WALK is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £320,000 in April 2023, which was around 42% below the average April 2023 detached price in the Bedford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was B.

48 SPRUCE WALK Sold Prices

Land registry data shows two sales for 48 SPRUCE WALK 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 SPRUCE WALK 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 4 APR	£320,000	£551,195	42% below HPI
2011 31 MAR	£162,500	£295,810	45% below HPI

48 SPRUCE WALK 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 SPRUCE WALK sales from March 2011 and April 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 March 2011 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2023 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 48 SPRUCE WALK?

48 SPRUCE WALK is 89m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 48 SPRUCE WALK lies on this distribution: 27% of detached houses are smaller than 48 SPRUCE WALK, and 72% of houses are larger. Note that EPC data is not available for all properties in Kempston.

48 SPRUCE WALK: Plot and Title Map

48 SPRUCE WALK sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 48 SPRUCE WALK, 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 SPRUCE WALK). 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 SPRUCE WALK?

48 SPRUCE WALK is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 48 on SPRUCE WALK.