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
49 MILLERS WAY is a very large detached house of 153m², built sometime between 1996 and 2002. It was last sold for £430,000 in September 2023, which was around 23% below the average September 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 49 MILLERS WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 49 MILLERS WAY 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 29 SEP | £430,000 | £561,836 | 23% below HPI |
2000 8 SEP | £175,000 | £185,308 | 6% below HPI |
1998 5 AUG | £118,950 | £131,558 | 10% below HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 49 MILLERS WAY sales between August 1998 and September 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 September 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
49 MILLERS WAY is 153m² according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Houghton Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Houghton Regis, and where 49 MILLERS WAY lies on this distribution: 95% of detached houses are smaller than 49 MILLERS WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Houghton Regis.
49 MILLERS WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 49 MILLERS WAY, 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 49 MILLERS WAY). 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.
49 MILLERS WAY is located in HOUGHTON REGIS, in the LU5 postcode district. The below map shows the position of No. 49 on MILLERS WAY.