1A, OAKWAY, STUDHAM, DUNSTABLE, LU6 2PE - £950,000

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

1A OAKWAY is a very small detached house of 137m², built sometime between 1996 and 2002. It was last sold for £950,000 in December 2021, which was around 79% above the average December 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

1A OAKWAY Sold Prices

Land registry data shows three sales for 1A OAKWAY 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 1A OAKWAY 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
2021 8 DEC	£950,000	£529,363	79% above HPI
2014 10 JAN	£450,000	£334,210	35% above HPI
2006 24 OCT	£495,000	£312,207	59% above HPI

1A OAKWAY 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 1A OAKWAY sales between October 2006 and December 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 January 2014 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2021 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 1A OAKWAY?

1A OAKWAY is 137m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses by size in Holywell, and where 1A OAKWAY lies on this distribution: 18% of detached houses are smaller than 1A OAKWAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Holywell.

1A OAKWAY: Plot and Title Map

1A OAKWAY sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of 1A OAKWAY, 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 1A OAKWAY). 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 1A OAKWAY?

1A OAKWAY is located in STUDHAM, in the LU6 postcode district. The below map shows the position of No. 1A on OAKWAY.