118, MARGETTS ROAD, KEMPSTON, BEDFORD, MK42 8DU - £177,000

118 MARGETTS ROAD is a very small extended detached house of 62m², built sometime between 1930 and 1949. It was last sold for £177,000 in July 2006, which was around 38% below the average July 2006 detached price in the Bedford local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

118 MARGETTS ROAD Sold Prices

Land registry data shows two sales for 118 MARGETTS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 118 MARGETTS 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
2006 17 JUL	£177,000	£283,441	38% below HPI
2005 12 AUG	£157,000	£279,039	44% below HPI

118 MARGETTS ROAD 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 two 118 MARGETTS ROAD sales from August 2005 and July 2006 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 August 2005 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2006 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 118 MARGETTS ROAD?

118 MARGETTS ROAD is 62m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 118 MARGETTS ROAD lies on this distribution: 4% of detached houses are smaller than 118 MARGETTS ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Kempston.

118 MARGETTS ROAD: Plot and Title Map

118 MARGETTS ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 118 MARGETTS 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 118 MARGETTS 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 118 MARGETTS ROAD?

118 MARGETTS ROAD is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 118 on MARGETTS ROAD.