5, AVIATION WAY, SHORTSTOWN, BEDFORD, MK42 0HU - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 AVIATION WAY is a large detached house of 132m², which could now be worth an estimated £483,350. It was last sold for £480,000 in August 2024, which was around 10% below the average August 2024 detached price in the Bedford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was A.

5 AVIATION WAY Sold Prices

Land registry data shows two sales for 5 AVIATION WAY 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 5 AVIATION 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
2024 23 AUG	£480,000	£535,642	10% below HPI
2020 11 SEP	£415,000	£460,243	10% below HPI

5 AVIATION WAY 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 5 AVIATION WAY sales from September 2020 and August 2024 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 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2024 sale, which was also at 10% below the HPI.

What might 5 AVIATION WAY be worth now?

5 AVIATION WAY might now be worth an estimated £483,350.

This is based on house price inflation of 0.7%, between August 2024 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% inflationary increase is applied to the most recent sale price for 5 AVIATION WAY of £480,000 on 23rd August 2024. For the value to have increased from £480,000 to £483,350 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 5 AVIATION WAY has moved in line with the HPI for detached houses in the Bedford local authority area.
• The August 2024 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 5 AVIATION WAY has not materially changed since August 2024.

How Large is 5 AVIATION WAY?

5 AVIATION WAY is 132m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shortstown, and where 5 AVIATION WAY lies on this distribution: 66% of detached houses houses are smaller than 5 AVIATION WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Shortstown.

5 AVIATION WAY: Plot and Title Map

5 AVIATION WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 5 AVIATION 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 5 AVIATION 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.

Where is 5 AVIATION WAY?

5 AVIATION WAY is located in SHORTSTOWN, in the MK42 postcode district. The below map shows the position of No. 5 on AVIATION WAY.