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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

51A PRESTON ROAD is a midsized detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £304,625. It was last sold for £175,000 in February 2014, which was around 44% 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	£311,546	44% below HPI
2004 10 SEP	£174,950	£266,079	34% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 51A PRESTON ROAD be worth now?

51A PRESTON ROAD might now be worth an estimated £304,625.

This is based on house price inflation of 74.1%, between February 2014 and December 2024, 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 74.1% inflationary increase is applied to the most recent sale price for 51A PRESTON ROAD of £175,000 on 7th February 2014. For the value to have increased from £175,000 to £304,625 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 51A PRESTON ROAD has moved in line with the HPI for detached houses in the Bedford local authority area.
• The February 2014 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 51A PRESTON ROAD has not materially changed since February 2014.

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 houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 51A PRESTON ROAD lies on this distribution: 56% of detached houses 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.