8, ELY WAY, KEMPSTON, BEDFORD, MK42 8TN - £395,500

8 ELY WAY is a small detached house of 92m², built sometime between 2003 and 2006. It was last sold for £395,500 in January 2022, which was around 23% below the average January 2022 detached price in the Bedford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

8 ELY WAY Sold Prices

Land registry data shows three sales for 8 ELY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 8 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
2022 5 JAN	£395,500	£513,978	23% below HPI
2008 25 APR	£200,000	£315,789	37% below HPI
2000 5 MAY	£110,000	£153,308	28% below HPI

8 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 three 8 ELY WAY sales between May 2000 and January 2022 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 April 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 ELY WAY?

8 ELY WAY is 92m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 8 ELY WAY lies on this distribution: 32% of detached houses are smaller than 8 ELY WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Kempston.

8 ELY WAY: Plot and Title Map

8 ELY WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 8 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 8 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 8 ELY WAY?

8 ELY WAY is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 8 on ELY WAY.