6, PEDLEY WAY, BEDFORD, MK41 0GF - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 PEDLEY WAY is a large detached house of 137m², built sometime from 2007 onwards, which could now be worth an estimated £513,666. It was last sold for £350,000 in October 2015, which was around 5% below the average October 2015 detached price in the Bedford local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

6 PEDLEY WAY Sold Prices

Land registry data shows two sales for 6 PEDLEY WAY 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. One of the two 6 PEDLEY WAY sales was for below the average price, whilst the other was 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
2015 27 OCT	£350,000	£367,521	5% below HPI
2007 19 DEC	£335,000	£314,243	7% above HPI

6 PEDLEY WAY 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 6 PEDLEY WAY sales from December 2007 and October 2015 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 December 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 6 PEDLEY WAY be worth now?

6 PEDLEY WAY might now be worth an estimated £513,666.

This is based on house price inflation of 46.8%, between October 2015 and February 2025, 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 46.8% inflationary increase is applied to the most recent sale price for 6 PEDLEY WAY of £350,000 on 27th October 2015. For the value to have increased from £350,000 to £513,666 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 PEDLEY WAY has moved in line with the HPI for detached houses in the Bedford local authority area.
• The October 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PEDLEY WAY has not materially changed since October 2015.

How Large is 6 PEDLEY WAY?

6 PEDLEY WAY is 137m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% 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 6 PEDLEY WAY lies on this distribution: 61% of detached houses houses are smaller than 6 PEDLEY WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Bedford.

6 PEDLEY WAY: Plot and Title Map

6 PEDLEY WAY sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 6 PEDLEY WAY, 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 6 PEDLEY WAY). 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 6 PEDLEY WAY?

6 PEDLEY WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 6 on PEDLEY WAY.