9, NEWSTEAD WAY, BEDFORD, MK41 8RH - £299,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 NEWSTEAD WAY is a very small detached house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £440,212. It was last sold for £299,950 in October 2015, which was around 18% below the average October 2015 detached price in the Bedford local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was B.

9 NEWSTEAD WAY Sold Prices

Land registry data shows three sales for 9 NEWSTEAD WAY 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 9 NEWSTEAD 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
2015 23 OCT	£299,950	£367,521	18% below HPI
2007 23 MAR	£245,000	£297,286	18% below HPI
2000 29 JUN	£141,000	£154,390	9% below HPI

9 NEWSTEAD 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 three 9 NEWSTEAD WAY sales between June 2000 and October 2015 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 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2015 sale, which was also at 18% below the HPI.

What might 9 NEWSTEAD WAY be worth now?

9 NEWSTEAD WAY might now be worth an estimated £440,212.

This is based on house price inflation of 46.8%, between October 2015 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 46.8% inflationary increase is applied to the most recent sale price for 9 NEWSTEAD WAY of £299,950 on 23rd October 2015. For the value to have increased from £299,950 to £440,212 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 9 NEWSTEAD WAY has moved in line with the HPI for detached houses in the Bedford local authority area.
• The October 2015 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 9 NEWSTEAD WAY has not materially changed since October 2015.

How Large is 9 NEWSTEAD WAY?

9 NEWSTEAD WAY is 92m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 9 NEWSTEAD WAY lies on this distribution: 18% of detached houses houses are smaller than 9 NEWSTEAD WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Bedford.

9 NEWSTEAD WAY: Plot and Title Map

9 NEWSTEAD WAY sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 9 NEWSTEAD 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 NEWSTEAD 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 NEWSTEAD WAY?

9 NEWSTEAD WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 9 on NEWSTEAD WAY.