7, MILTON WAY, HOUGHTON REGIS, DUNSTABLE, LU5 5UF - £187,500

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.

7 MILTON WAY is a very small terraced house of 43m², built sometime between 1967 and 1975, which could now be worth an estimated £227,437. It was last sold for £187,500 in January 2020, which was around 23% below the average January 2020 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

7 MILTON WAY Sold Prices

Land registry data shows two sales for 7 MILTON WAY 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 7 MILTON 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
2020 31 JAN	£187,500	£243,204	23% below HPI
1997 28 FEB	£37,000	£49,004	24% below HPI

7 MILTON WAY 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 7 MILTON WAY sales from February 1997 and January 2020 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 February 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 7 MILTON WAY be worth now?

7 MILTON WAY might now be worth an estimated £227,437.

This is based on house price inflation of 21.3%, between January 2020 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 21.3% inflationary increase is applied to the most recent sale price for 7 MILTON WAY of £187,500 on 31st January 2020. For the value to have increased from £187,500 to £227,437 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 7 MILTON WAY has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The January 2020 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MILTON WAY has not materially changed since January 2020.

How Large is 7 MILTON WAY?

7 MILTON WAY is 43m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of terraced houses houses in Houghton Regis, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Houghton Regis, and where 7 MILTON WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 7 MILTON WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Houghton Regis.

7 MILTON WAY: Plot and Title Map

7 MILTON WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 7 MILTON 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 MILTON 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 MILTON WAY?

7 MILTON WAY is located in HOUGHTON REGIS, in the LU5 postcode district. The below map shows the position of No. 7 on MILTON WAY.