2, PARROTT GROVE, MARSTON MORETAINE, BEDFORD, MK43 0GT - £330,000

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.

2 PARROTT GROVE is a midsized terraced house of 124m², which could now be worth an estimated £390,500. It was last sold for £330,000 in February 2018, which was around 32% above the average February 2018 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

2 PARROTT GROVE Sold Prices

Land registry data shows two sales for 2 PARROTT GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 2 PARROTT GROVE 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
2018 16 FEB	£330,000	£249,301	32% above HPI
2016 12 MAY	£319,995	£225,790	42% above HPI

2 PARROTT GROVE 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 two 2 PARROTT GROVE sales from May 2016 and February 2018 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 May 2016 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2018 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 PARROTT GROVE be worth now?

2 PARROTT GROVE might now be worth an estimated £390,500.

This is based on house price inflation of 18.3%, between February 2018 and June 2025, 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 18.3% inflationary increase is applied to the most recent sale price for 2 PARROTT GROVE of £330,000 on 16th February 2018. For the value to have increased from £330,000 to £390,500 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 2 PARROTT GROVE has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The February 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARROTT GROVE has not materially changed since February 2018.

How Large is 2 PARROTT GROVE?

2 PARROTT GROVE is 124m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of terraced houses houses in Marston Moretaine, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Marston Moretaine, and where 2 PARROTT GROVE lies on this distribution: 41% of terraced houses houses are smaller than 2 PARROTT GROVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Marston Moretaine.

2 PARROTT GROVE: Plot and Title Map

2 PARROTT GROVE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 2 PARROTT GROVE, 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 2 PARROTT GROVE). 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 2 PARROTT GROVE?

2 PARROTT GROVE is located in MARSTON MORETAINE, in the MK43 postcode district. The below map shows the position of No. 2 on PARROTT GROVE.