8, ARKWRIGHT ROAD, MILTON ERNEST, BEDFORD, MK44 1SE - £372,500

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

8 ARKWRIGHT ROAD is a midsized detached house of 140m², built sometime between 1976 and 1982. It was last sold for £372,500 in June 2016, which was around 10% below the average June 2016 detached price in the Bedford local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

8 ARKWRIGHT ROAD Sold Prices

Land registry data shows four sales for 8 ARKWRIGHT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. One of the four 8 ARKWRIGHT ROAD sales was for below the average price, whilst two 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
2016 22 JUN	£372,500	£414,609	10% below HPI
2003 21 MAY	£249,950	£242,755	3% above HPI
2002 4 JAN	£206,000	£189,320	9% above HPI
2000 1 SEP	£168,000	£167,750	Close to HPI

8 ARKWRIGHT 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 four 8 ARKWRIGHT ROAD sales between September 2000 and June 2016 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 May 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 ARKWRIGHT ROAD?

8 ARKWRIGHT ROAD is 140m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% 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 8 ARKWRIGHT ROAD lies on this distribution: 43% of detached houses are smaller than 8 ARKWRIGHT ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Milton Ernest.

8 ARKWRIGHT ROAD: Plot and Title Map

8 ARKWRIGHT ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 8 ARKWRIGHT 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 8 ARKWRIGHT 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 8 ARKWRIGHT ROAD?

8 ARKWRIGHT ROAD is located in MILTON ERNEST, in the MK44 postcode district. The below map shows the position of No. 8 on ARKWRIGHT ROAD.