1, REYNES DRIVE, OAKLEY, BEDFORD, MK43 7SA - £410,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 REYNES DRIVE is a very small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £410,000 in August 2017, which was around 10% below the average August 2017 detached price in the Bedford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

1 REYNES DRIVE Sold Prices

Land registry data shows two sales for 1 REYNES DRIVE 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 1 REYNES DRIVE 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
2017 24 AUG	£410,000	£457,018	10% below HPI
2016 6 JUL	£317,000	£419,089	24% below HPI

1 REYNES DRIVE 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 1 REYNES DRIVE sales from July 2016 and August 2017 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 July 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 REYNES DRIVE?

1 REYNES DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 1 REYNES DRIVE lies on this distribution: 8% of detached houses are smaller than 1 REYNES DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Oakley.

1 REYNES DRIVE: Plot and Title Map

1 REYNES DRIVE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 1 REYNES DRIVE, 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 REYNES DRIVE). 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 REYNES DRIVE?

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