7, PARKSIDE, MILTON ERNEST, BEDFORD, MK44 1RG - £725,000

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

7 PARKSIDE is a very large extended detached house of 209m², built sometime between 1983 and 1990. It was last sold for £725,000 in May 2022, which was around 37% above the average May 2022 detached price in the Bedford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

7 PARKSIDE Sold Prices

Land registry data shows three sales for 7 PARKSIDE 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 7 PARKSIDE sales were 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
2022 20 MAY	£725,000	£528,239	37% above HPI
2018 20 DEC	£560,000	£471,908	19% above HPI
1999 10 MAR	£249,950	£125,723	99% above HPI

7 PARKSIDE 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 7 PARKSIDE sales between March 1999 and May 2022 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 2018 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 7 PARKSIDE?

7 PARKSIDE is 209m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses in Milton Ernest, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Ernest, and where 7 PARKSIDE lies on this distribution: 82% of detached houses are smaller than 7 PARKSIDE, and 18% of houses are larger. Note that EPC data is not available for all properties in Milton Ernest.

7 PARKSIDE: Plot and Title Map

7 PARKSIDE sits on a plot of roughly 0.291 of an acre, or 1,179m². The below map shows the location of 7 PARKSIDE, 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 7 PARKSIDE). 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 7 PARKSIDE?

7 PARKSIDE is located in MILTON ERNEST, in the MK44 postcode district. The below map shows the position of No. 7 on PARKSIDE.