3, MILLWRIGHT WAY, FLITWICK, BEDFORD, MK45 1BL - £379,995

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 MILLWRIGHT WAY is a small detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £454,515. It was last sold for £379,995 in February 2019, which was around 27% below the average February 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

3 MILLWRIGHT WAY Sold Prices

Land registry data shows five sales for 3 MILLWRIGHT WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 3 MILLWRIGHT WAY 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
2019 28 FEB	£379,995	£521,333	27% below HPI
2013 25 JAN	£248,000	£323,570	23% below HPI
2009 19 JUN	£235,000	£294,131	20% below HPI
2005 8 APR	£248,000	£296,081	16% below HPI
1996 31 JAN	£85,000	£102,377	17% below HPI

3 MILLWRIGHT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The five 3 MILLWRIGHT WAY sales between January 1996 and February 2019 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 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 MILLWRIGHT WAY be worth now?

3 MILLWRIGHT WAY might now be worth an estimated £454,515.

This is based on house price inflation of 19.6%, between February 2019 and February 2025, for 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 19.6% inflationary increase is applied to the most recent sale price for 3 MILLWRIGHT WAY of £379,995 on 28th February 2019. For the value to have increased from £379,995 to £454,515 over the six years to February 2025, the following assumptions must hold true:

• The value of 3 MILLWRIGHT WAY has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The February 2019 sale price of £379,995 represented a fair market value for the property.
• The size, condition, and specification of 3 MILLWRIGHT WAY has not materially changed since February 2019.

How Large is 3 MILLWRIGHT WAY?

3 MILLWRIGHT WAY is 96m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses houses in Flitwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Flitwick, and where 3 MILLWRIGHT WAY lies on this distribution: 27% of detached houses houses are smaller than 3 MILLWRIGHT WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

3 MILLWRIGHT WAY: Plot and Title Map

3 MILLWRIGHT WAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 3 MILLWRIGHT WAY, 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 MILLWRIGHT WAY). 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 MILLWRIGHT WAY?

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