8, CANBERRA ROAD, SHORTSTOWN, BEDFORD, MK42 0UZ - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 CANBERRA ROAD is a very small detached house of 94m², which could now be worth an estimated £368,696. It was last sold for £315,000 in February 2021, which was around 32% below the average February 2021 detached price in the Bedford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

8 CANBERRA ROAD Sold Prices

Land registry data shows two sales for 8 CANBERRA 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 8 CANBERRA 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
2021 23 FEB	£315,000	£463,331	32% below HPI
2015 26 JUN	£234,995	£354,704	34% below HPI

8 CANBERRA 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 8 CANBERRA ROAD sales from June 2015 and February 2021 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 June 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 8 CANBERRA ROAD be worth now?

8 CANBERRA ROAD might now be worth an estimated £368,696.

This is based on house price inflation of 17%, between February 2021 and December 2024, 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 17% inflationary increase is applied to the most recent sale price for 8 CANBERRA ROAD of £315,000 on 23rd February 2021. For the value to have increased from £315,000 to £368,696 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 8 CANBERRA ROAD has moved in line with the HPI for detached houses in the Bedford local authority area.
• The February 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CANBERRA ROAD has not materially changed since February 2021.

How Large is 8 CANBERRA ROAD?

8 CANBERRA ROAD is 94m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shortstown, and where 8 CANBERRA ROAD lies on this distribution: 18% of detached houses houses are smaller than 8 CANBERRA ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Shortstown.

8 CANBERRA ROAD: Plot and Title Map

8 CANBERRA ROAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 8 CANBERRA 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 CANBERRA 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 CANBERRA ROAD?

8 CANBERRA ROAD is located in SHORTSTOWN, in the MK42 postcode district. The below map shows the position of No. 8 on CANBERRA ROAD.