48, THE RIDGEWAY, BEDFORD, MK41 8ES - £244,000

48 THE RIDGEWAY is a large detached house of 139m², built sometime between 1967 and 1975. It was last sold for £244,000 in April 2010, which was around 15% below the average April 2010 detached price in the Bedford local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

48 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 48 THE RIDGEWAY 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 48 THE RIDGEWAY 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
2010 21 APR	£244,000	£286,256	15% below HPI
1996 22 NOV	£70,000	£96,916	28% below HPI

48 THE RIDGEWAY 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 48 THE RIDGEWAY sales from November 1996 and April 2010 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 November 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2010 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 48 THE RIDGEWAY?

48 THE RIDGEWAY is 139m² according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 48 THE RIDGEWAY lies on this distribution: 63% of detached houses are smaller than 48 THE RIDGEWAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Bedford.

48 THE RIDGEWAY: Plot and Title Map

48 THE RIDGEWAY sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 48 THE RIDGEWAY, 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 48 THE RIDGEWAY). 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 48 THE RIDGEWAY?

48 THE RIDGEWAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 48 on THE RIDGEWAY.