22, GRENIDGE WAY, OAKLEY, BEDFORD, MK43 7SE - £230,000

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

22 GRENIDGE WAY is a very small extended semi-detached house of 82m², built sometime between 1967 and 1975. It was last sold for £230,000 in December 2015, which was around 41% below the average December 2015 detached price in the Bedford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

22 GRENIDGE WAY Sold Prices

Land registry data shows three sales for 22 GRENIDGE 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 Bedford local authority area for the corresponding sale date. All of the three 22 GRENIDGE 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 17 DEC	£230,000	£387,435	41% below HPI
2010 18 FEB	£160,000	£281,802	43% below HPI
1998 4 JUN	£69,995	£114,367	39% below HPI

22 GRENIDGE WAY 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 22 GRENIDGE WAY sales between June 1998 and December 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 February 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2015 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 22 GRENIDGE WAY?

22 GRENIDGE WAY is 82m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 22 GRENIDGE WAY lies on this distribution: 5% of detached houses are smaller than 22 GRENIDGE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Oakley.

22 GRENIDGE WAY: Plot and Title Map

22 GRENIDGE WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 22 GRENIDGE 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 22 GRENIDGE 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 22 GRENIDGE WAY?

22 GRENIDGE WAY is located in OAKLEY, in the MK43 postcode district. The below map shows the position of No. 22 on GRENIDGE WAY.