7, ELY WAY, KEMPSTON, BEDFORD, MK42 8TW - £395,000

7 ELY WAY is a midsized detached house of 100m², built sometime between 1983 and 1990. It was last sold for £395,000 in July 2023, which was around 28% below the average July 2023 detached price in the Bedford local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

7 ELY WAY Sold Prices

Land registry data shows four sales for 7 ELY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 7 ELY 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
2023 28 JUL	£395,000	£547,991	28% below HPI
2011 7 DEC	£125,000	£295,504	58% below HPI
2009 21 MAY	£235,000	£261,015	10% below HPI
1997 3 JAN	£81,750	£97,115	16% below HPI

7 ELY WAY 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 four 7 ELY WAY sales between January 1997 and July 2023 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 December 2011 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 ELY WAY?

7 ELY WAY is 100m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 50% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 7 ELY WAY lies on this distribution: 46% of detached houses are smaller than 7 ELY WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Kempston.

7 ELY WAY: Plot and Title Map

7 ELY WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 7 ELY 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 7 ELY 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 7 ELY WAY?

7 ELY WAY is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 7 on ELY WAY.