54, SPENSER ROAD, BEDFORD, MK40 2BB - £210,000

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

54 SPENSER ROAD is a midsized extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £210,000 in November 2003, which was around 17% below the average November 2003 detached price in the Bedford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

54 SPENSER ROAD Sold Prices

Land registry data shows two sales for 54 SPENSER 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 54 SPENSER 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
2003 3 NOV	£210,000	£252,789	17% below HPI
1995 17 MAR	£85,000	£95,032	11% below HPI

54 SPENSER 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 54 SPENSER ROAD sales from March 1995 and November 2003 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 March 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2003 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 54 SPENSER ROAD?

54 SPENSER ROAD is 132m², which includes one extension, according to the EPC inspection conducted in May 2015. 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 54 SPENSER ROAD lies on this distribution: 57% of detached houses are smaller than 54 SPENSER ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Bedford.

54 SPENSER ROAD: Plot and Title Map

54 SPENSER ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 54 SPENSER 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 54 SPENSER 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 54 SPENSER ROAD?

54 SPENSER ROAD is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 54 on SPENSER ROAD.