3, DERWENT RISE, FLITWICK, BEDFORD, MK45 1QP - £178,000

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.

3 DERWENT RISE is a very small terraced house of 39m², built sometime between 1976 and 1982, which could now be worth an estimated £246,370. It was last sold for £178,000 in March 2016, which was around 18% below the average March 2016 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was B.

3 DERWENT RISE Sold Prices

Land registry data shows two sales for 3 DERWENT RISE 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 3 DERWENT RISE 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
2016 15 MAR	£178,000	£217,831	18% below HPI
1999 20 MAY	£39,000	£63,350	38% below HPI

3 DERWENT RISE 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 3 DERWENT RISE sales from May 1999 and March 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 May 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 DERWENT RISE be worth now?

3 DERWENT RISE might now be worth an estimated £246,370.

This is based on house price inflation of 38.4%, between March 2016 and April 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 38.4% inflationary increase is applied to the most recent sale price for 3 DERWENT RISE of £178,000 on 15th March 2016. For the value to have increased from £178,000 to £246,370 over the nine years and eleven months to April 2026, the following assumptions must hold true:

• The value of 3 DERWENT RISE has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The March 2016 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DERWENT RISE has not materially changed since March 2016.

How Large is 3 DERWENT RISE?

3 DERWENT RISE is 39m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of terraced houses houses in Flitwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Flitwick, and where 3 DERWENT RISE lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 DERWENT RISE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

3 DERWENT RISE: Plot and Title Map

3 DERWENT RISE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 3 DERWENT 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 3 DERWENT 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 3 DERWENT RISE?

3 DERWENT RISE is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 3 on DERWENT RISE.