1, FARROWS CLOSE, OAKLEY, BEDFORD, MK43 7TF - £610,000

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.

1 FARROWS CLOSE is a large detached house of 168m², built sometime from 2007 onwards, which could now be worth an estimated £739,534. It was last sold for £610,000 in July 2020, which was around 37% above the average July 2020 detached price in the Bedford local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

1 FARROWS CLOSE Sold Prices

Land registry data shows three sales for 1 FARROWS CLOSE 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 1 FARROWS CLOSE sales were for above 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 JUL	£610,000	£444,904	37% above HPI
2013 27 NOV	£495,000	£311,335	59% above HPI
2009 12 JUN	£499,950	£259,840	92% above HPI

1 FARROWS CLOSE 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 1 FARROWS CLOSE sales between June 2009 and July 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 November 2013 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the July 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 1 FARROWS CLOSE be worth now?

1 FARROWS CLOSE might now be worth an estimated £739,534.

This is based on house price inflation of 21.2%, between July 2020 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.2% inflationary increase is applied to the most recent sale price for 1 FARROWS CLOSE of £610,000 on 31st July 2020. For the value to have increased from £610,000 to £739,534 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 FARROWS CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The July 2020 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FARROWS CLOSE has not materially changed since July 2020.

How Large is 1 FARROWS CLOSE?

1 FARROWS CLOSE is 168m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakley, and where 1 FARROWS CLOSE lies on this distribution: 63% of detached houses houses are smaller than 1 FARROWS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Oakley.

1 FARROWS CLOSE: Plot and Title Map

1 FARROWS CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 1 FARROWS CLOSE, 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 1 FARROWS CLOSE). 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 1 FARROWS CLOSE?

1 FARROWS CLOSE is located in OAKLEY, in the MK43 postcode district. The below map shows the position of No. 1 on FARROWS CLOSE.