15, PARRISH CLOSE, MARSTON MORETAINE, BEDFORD, MK43 0AG - £275,000

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.

15 PARRISH CLOSE is a very small extended detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £340,191. It was last sold for £275,000 in November 2019, which was around 45% below the average November 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

15 PARRISH CLOSE Sold Prices

Land registry data shows six sales for 15 PARRISH CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the six 15 PARRISH 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
2019 1 NOV	£275,000	£504,075	45% below HPI
2019 28 JUN	£275,000	£499,757	45% below HPI
2006 19 DEC	£200,000	£326,607	39% below HPI
2002 16 MAY	£122,000	£220,536	45% below HPI
1999 28 MAY	£82,000	£139,594	41% below HPI
1997 14 FEB	£73,950	£107,287	31% below HPI

15 PARRISH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The six 15 PARRISH CLOSE sales between February 1997 and November 2019 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 June 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2019 sale, which was also at 45% below the HPI.

What might 15 PARRISH CLOSE be worth now?

15 PARRISH CLOSE might now be worth an estimated £340,191.

This is based on house price inflation of 23.7%, between November 2019 and February 2025, for detached 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 23.7% inflationary increase is applied to the most recent sale price for 15 PARRISH CLOSE of £275,000 on 1st November 2019. For the value to have increased from £275,000 to £340,191 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 PARRISH CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The November 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARRISH CLOSE has not materially changed since November 2019.

How Large is 15 PARRISH CLOSE?

15 PARRISH CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Marston Moretaine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marston Moretaine, and where 15 PARRISH CLOSE lies on this distribution: 10% of detached houses houses are smaller than 15 PARRISH CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Marston Moretaine.

15 PARRISH CLOSE: Plot and Title Map

15 PARRISH CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 15 PARRISH 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 15 PARRISH 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 15 PARRISH CLOSE?

15 PARRISH CLOSE is located in MARSTON MORETAINE, in the MK43 postcode district. The below map shows the position of No. 15 on PARRISH CLOSE.