18, OAKLEY RISE, WILSTEAD, BEDFORD, MK45 3FD - £720,000

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

18 OAKLEY RISE is a very large extended detached house of 248m², built sometime between 2003 and 2006. It was last sold for £720,000 in November 2023, which was around 31% above the average November 2023 detached price in the Bedford local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

18 OAKLEY RISE Sold Prices

Land registry data shows three sales for 18 OAKLEY RISE 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 18 OAKLEY RISE 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
2023 23 NOV	£720,000	£548,104	31% above HPI
2010 1 JUL	£475,000	£300,331	58% above HPI
2005 25 FEB	£464,995	£280,460	66% above HPI

18 OAKLEY RISE 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 18 OAKLEY RISE sales between February 2005 and November 2023 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 2010 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the November 2023 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 18 OAKLEY RISE?

18 OAKLEY RISE is 248m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in Wilstead, based on EPC data. The below chart shows the distribution of detached houses by size in Wilstead, and where 18 OAKLEY RISE lies on this distribution: 96% of detached houses are smaller than 18 OAKLEY RISE, and 4% of houses are larger. Note that EPC data is not available for all properties in Wilstead.

18 OAKLEY RISE: Plot and Title Map

18 OAKLEY RISE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 18 OAKLEY RISE, 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 18 OAKLEY RISE). 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 18 OAKLEY RISE?

18 OAKLEY RISE is located in WILSTEAD, in the MK45 postcode district. The below map shows the position of No. 18 on OAKLEY RISE.