9, ELY WAY, KEMPSTON, BEDFORD, MK42 8TW - £405,000

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

9 ELY WAY is a midsized detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £422,974. It was last sold for £405,000 in May 2024, which was around 22% below the average May 2024 detached price in the Bedford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

9 ELY WAY Sold Prices

Land registry data shows four sales for 9 ELY WAY 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. All of the four 9 ELY WAY 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
2024 31 MAY	£405,000	£516,460	22% below HPI
2021 5 MAR	£335,000	£462,806	28% below HPI
2003 31 OCT	£205,000	£247,344	17% below HPI
2002 26 JUL	£157,000	£209,467	25% below HPI

9 ELY 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 four 9 ELY WAY sales between July 2002 and May 2024 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 March 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 9 ELY WAY be worth now?

9 ELY WAY might now be worth an estimated £422,974.

This is based on house price inflation of 4.4%, between May 2024 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 4.4% inflationary increase is applied to the most recent sale price for 9 ELY WAY of £405,000 on 31st May 2024. For the value to have increased from £405,000 to £422,974 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 9 ELY WAY has moved in line with the HPI for detached houses in the Bedford local authority area.
• The May 2024 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ELY WAY has not materially changed since May 2024.

How Large is 9 ELY WAY?

9 ELY WAY is 102m² according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kempston, and where 9 ELY WAY lies on this distribution: 49% of detached houses houses are smaller than 9 ELY WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Kempston.

9 ELY WAY: Plot and Title Map

9 ELY WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 9 ELY 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 9 ELY 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 9 ELY WAY?

9 ELY WAY is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 9 on ELY WAY.