51A, PRESTON ROAD, BEDFORD, MK40 4DU - £175,000

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

51A PRESTON ROAD is a midsized detached house of 131m², built sometime between 2003 and 2006. It was last sold for £175,000 in February 2014, which was around 45% below the average February 2014 detached price in the Bedford local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

51A PRESTON ROAD Sold Prices

Land registry data shows two sales for 51A PRESTON 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 51A PRESTON 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
2014 7 FEB	£175,000	£318,368	45% below HPI
2004 10 SEP	£174,950	£271,905	36% below HPI

51A PRESTON 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 51A PRESTON ROAD sales from September 2004 and February 2014 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 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2014 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 51A PRESTON ROAD?

51A PRESTON ROAD is 131m² according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 51A PRESTON ROAD lies on this distribution: 56% of detached houses are smaller than 51A PRESTON ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Bedford.

51A PRESTON ROAD: Plot and Title Map

51A PRESTON ROAD sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 51A PRESTON 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 51A PRESTON 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 51A PRESTON ROAD?

51A PRESTON ROAD is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 51A on PRESTON ROAD.