114, MILE ROAD, BEDFORD, MK42 9TD - £170,000

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.

114 MILE ROAD is a very small terraced house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £250,993. It was last sold for £170,000 in November 2015, which was around 5% below the average November 2015 terraced price in the Bedford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

114 MILE ROAD Sold Prices

Land registry data shows two sales for 114 MILE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bedford local authority area for the corresponding sale date. Both of the two 114 MILE 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
2015 30 NOV	£170,000	£179,292	5% below HPI
2010 12 APR	£124,000	£136,395	9% below HPI

114 MILE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bedford local authority area over time, sourced from the HPI. The two 114 MILE ROAD sales from April 2010 and November 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 April 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 114 MILE ROAD be worth now?

114 MILE ROAD might now be worth an estimated £250,993.

This is based on house price inflation of 47.6%, between November 2015 and June 2025, for terraced 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 47.6% inflationary increase is applied to the most recent sale price for 114 MILE ROAD of £170,000 on 30th November 2015. For the value to have increased from £170,000 to £250,993 over the ten years and five months to June 2025, the following assumptions must hold true:

• The value of 114 MILE ROAD has moved in line with the HPI for terraced houses in the Bedford local authority area.
• The November 2015 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 114 MILE ROAD has not materially changed since November 2015.

How Large is 114 MILE ROAD?

114 MILE ROAD is 75m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of terraced houses houses in Bedford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bedford, and where 114 MILE ROAD lies on this distribution: 6% of terraced houses houses are smaller than 114 MILE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Bedford.

114 MILE ROAD: Plot and Title Map

114 MILE ROAD sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 114 MILE 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 114 MILE 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 114 MILE ROAD?

114 MILE ROAD is located in BEDFORD, in the MK42 postcode district. The below map shows the position of No. 114 on MILE ROAD.