18, WATSON WAY, MARSTON MORETAINE, BEDFORD, MK43 0RG - £365,000

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 WATSON WAY is a large detached house of 151m², built sometime between 2003 and 2006. It was last sold for £365,000 in November 2015, which was around 14% below the average November 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

18 WATSON WAY Sold Prices

Land registry data shows three sales for 18 WATSON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 18 WATSON WAY 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
2015 27 NOV	£365,000	£424,921	14% below HPI
2011 8 JUL	£295,000	£307,946	4% below HPI
2004 1 NOV	£259,950	£290,036	10% below HPI

18 WATSON WAY 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 three 18 WATSON WAY sales between November 2004 and November 2015 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 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 WATSON WAY?

18 WATSON WAY is 151m² according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses in Marston Moretaine, based on EPC data. The below chart shows the distribution of detached houses by size in Marston Moretaine, and where 18 WATSON WAY lies on this distribution: 74% of detached houses are smaller than 18 WATSON WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Marston Moretaine.

18 WATSON WAY: Plot and Title Map

18 WATSON WAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 18 WATSON WAY, 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 WATSON WAY). 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 WATSON WAY?

18 WATSON WAY is located in MARSTON MORETAINE, in the MK43 postcode district. The below map shows the position of No. 18 on WATSON WAY.