1, PENNINE RISE, FLITWICK, BEDFORD, MK45 1TP - £350,000

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 PENNINE RISE is a small extended semi-detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £469,401. It was last sold for £350,000 in July 2016, which was around 23% above the average July 2016 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

1 PENNINE RISE Sold Prices

Land registry data shows three sales for 1 PENNINE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 1 PENNINE RISE sales were for above 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
2016 7 JUL	£350,000	£284,784	23% above HPI
2002 28 JAN	£135,000	£118,975	13% above HPI
1998 27 FEB	£88,500	£72,094	23% above HPI

1 PENNINE RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 1 PENNINE RISE sales between February 1998 and July 2016 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 January 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 1 PENNINE RISE be worth now?

1 PENNINE RISE might now be worth an estimated £469,401.

This is based on house price inflation of 34.1%, between July 2016 and March 2025, for semi-detached 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 34.1% inflationary increase is applied to the most recent sale price for 1 PENNINE RISE of £350,000 on 7th July 2016. For the value to have increased from £350,000 to £469,401 over the nine years and four months to March 2025, the following assumptions must hold true:

• The value of 1 PENNINE RISE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The July 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PENNINE RISE has not materially changed since July 2016.

How Large is 1 PENNINE RISE?

1 PENNINE RISE is 107m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of semi-detached houses houses in Flitwick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Flitwick, and where 1 PENNINE RISE lies on this distribution: 36% of semi-detached houses houses are smaller than 1 PENNINE RISE, and 63% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

1 PENNINE RISE: Plot and Title Map

1 PENNINE RISE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 1 PENNINE RISE, 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 PENNINE RISE). 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 PENNINE RISE?

1 PENNINE RISE is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 1 on PENNINE RISE.