1, PARMITER WAY, AMPTHILL, BEDFORD, MK45 2RG - £210,000

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.

1 PARMITER WAY is a very small terraced house of 46m², built sometime between 1991 and 1995, which could now be worth an estimated £252,268. It was last sold for £210,000 in October 2017, which was around 15% below the average October 2017 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was A.

1 PARMITER WAY Sold Prices

Land registry data shows three sales for 1 PARMITER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 1 PARMITER 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
2017 20 OCT	£210,000	£246,904	15% below HPI
2015 29 JUN	£160,000	£193,670	17% below HPI
2006 5 MAY	£119,995	£154,172	22% below HPI

1 PARMITER WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 1 PARMITER WAY sales between May 2006 and October 2017 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 PARMITER WAY be worth now?

1 PARMITER WAY might now be worth an estimated £252,268.

This is based on house price inflation of 20.1%, between October 2017 and May 2026, for terraced houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 1 PARMITER WAY of £210,000 on 20th October 2017. For the value to have increased from £210,000 to £252,268 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 1 PARMITER WAY has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The October 2017 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PARMITER WAY has not materially changed since October 2017.

How Large is 1 PARMITER WAY?

1 PARMITER WAY is 46m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of terraced houses houses in Ampthill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ampthill, and where 1 PARMITER WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 1 PARMITER WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ampthill.

1 PARMITER WAY: Plot and Title Map

1 PARMITER WAY sits on a plot of roughly 0.013 of an acre, or 53m². The below map shows the location of 1 PARMITER 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 1 PARMITER 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 1 PARMITER WAY?

1 PARMITER WAY is located in AMPTHILL, in the MK45 postcode district. The below map shows the position of No. 1 on PARMITER WAY.