5, PARKLANDS, BEDFORD, MK41 9LZ - £345,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 PARKLANDS is a large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £345,000 in April 2011, which was around 16% above the average April 2011 detached price in the Bedford local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

5 PARKLANDS Sold Prices

Land registry data shows three sales for 5 PARKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 5 PARKLANDS sales were for above 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
2011 4 APR	£345,000	£297,510	16% above HPI
2009 6 FEB	£350,000	£268,269	30% above HPI
2002 24 JUL	£260,000	£214,054	21% above HPI

5 PARKLANDS 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 three 5 PARKLANDS sales between July 2002 and April 2011 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 February 2009 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the April 2011 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5 PARKLANDS?

5 PARKLANDS is 162m² according to the EPC inspection conducted in December 2008. This puts it in the largest 30% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 5 PARKLANDS lies on this distribution: 76% of detached houses are smaller than 5 PARKLANDS, and 24% of houses are larger. Note that EPC data is not available for all properties in Bedford.

5 PARKLANDS: Plot and Title Map

5 PARKLANDS sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 5 PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

5 PARKLANDS is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 5 on PARKLANDS.