8, MILL ROAD, HOUGHTON REGIS, DUNSTABLE, LU5 5BD - £280,000

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

8 MILL ROAD is a small extended detached house of 93m², built sometime between 1900 and 1929. It was last sold for £280,000 in March 2020, which was around 44% below the average March 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

8 MILL ROAD Sold Prices

Land registry data shows two sales for 8 MILL 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 8 MILL 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
2020 26 MAR	£280,000	£497,338	44% below HPI
2008 26 SEP	£187,800	£325,643	42% below HPI

8 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 8 MILL ROAD sales from September 2008 and March 2020 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 September 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 8 MILL ROAD?

8 MILL ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses in Houghton Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Houghton Regis, and where 8 MILL ROAD lies on this distribution: 28% of detached houses are smaller than 8 MILL ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Houghton Regis.

8 MILL ROAD: Plot and Title Map

8 MILL ROAD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 8 MILL 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 MILL 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 MILL ROAD?

8 MILL ROAD is located in HOUGHTON REGIS, in the LU5 postcode district. The below map shows the position of No. 8 on MILL ROAD.