58, SPRING ROAD, KEMPSTON, BEDFORD, MK42 8LR - £412,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

58 SPRING ROAD is a large extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £412,500 in August 2024, which was around 25% below the average August 2024 detached price in the Bedford local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

58 SPRING ROAD Sold Prices

Land registry data shows three sales for 58 SPRING ROAD 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 58 SPRING 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
2024 28 AUG	£412,500	£552,322	25% below HPI
2021 8 OCT	£430,000	£507,417	15% below HPI
2010 30 JUL	£195,000	£300,331	35% below HPI

58 SPRING 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 three 58 SPRING ROAD sales between July 2010 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 October 2021 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 58 SPRING ROAD?

58 SPRING ROAD is 113m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 58 SPRING ROAD lies on this distribution: 61% of detached houses are smaller than 58 SPRING ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Kempston.

58 SPRING ROAD: Plot and Title Map

58 SPRING ROAD sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 58 SPRING 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 58 SPRING 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 58 SPRING ROAD?

58 SPRING ROAD is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 58 on SPRING ROAD.