3, DEWLANDS, OAKLEY, BEDFORD, MK43 7RW - £295,000

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

3 DEWLANDS is a very small extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £295,000 in February 2016, which was around 25% below the average February 2016 detached price in the Bedford local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

3 DEWLANDS Sold Prices

Land registry data shows two sales for 3 DEWLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 3 DEWLANDS 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
2016 12 FEB	£295,000	£392,052	25% below HPI
2002 8 MAR	£169,995	£197,240	14% below HPI

3 DEWLANDS 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 two 3 DEWLANDS sales from March 2002 and February 2016 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 March 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 DEWLANDS?

3 DEWLANDS is 107m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 3 DEWLANDS lies on this distribution: 20% of detached houses are smaller than 3 DEWLANDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Oakley.

3 DEWLANDS: Plot and Title Map

3 DEWLANDS sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 DEWLANDS, 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 3 DEWLANDS). 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 3 DEWLANDS?

3 DEWLANDS is located in OAKLEY, in the MK43 postcode district. The below map shows the position of No. 3 on DEWLANDS.