14, FLAX CLOSE, OAKLEY, BEDFORD, MK43 7PW - £394,999

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

14 FLAX CLOSE is a large detached house of 165m², built sometime from 2007 onwards. It was last sold for £394,999 in February 2021, which was around 17% below the average February 2021 detached price in the Bedford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

14 FLAX CLOSE Sold Prices

Land registry data shows two sales for 14 FLAX CLOSE 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 14 FLAX CLOSE 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
2021 26 FEB	£394,999	£473,476	17% below HPI
2007 16 NOV	£220,000	£326,343	33% below HPI

14 FLAX 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 two 14 FLAX CLOSE sales from November 2007 and February 2021 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 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 14 FLAX CLOSE?

14 FLAX CLOSE is 165m² according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 14 FLAX CLOSE lies on this distribution: 62% of detached houses are smaller than 14 FLAX CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Oakley.

14 FLAX CLOSE: Plot and Title Map

14 FLAX CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 14 FLAX 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 14 FLAX 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 14 FLAX CLOSE?

14 FLAX CLOSE is located in OAKLEY, in the MK43 postcode district. The below map shows the position of No. 14 on FLAX CLOSE.