3, FARRIERS WAY, HOUGHTON REGIS, DUNSTABLE, LU5 5FF - £305,000

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 FARRIERS WAY is a very small extended detached house of 83m², built sometime between 2003 and 2006. It was last sold for £305,000 in October 2020, which was around 40% below the average October 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

3 FARRIERS WAY Sold Prices

Land registry data shows three sales for 3 FARRIERS 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 3 FARRIERS 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
2020 15 OCT	£305,000	£506,484	40% below HPI
2016 25 NOV	£280,000	£472,641	41% below HPI
2003 25 SEP	£165,000	£272,218	39% below HPI

3 FARRIERS 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 3 FARRIERS WAY sales between September 2003 and October 2020 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 November 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 FARRIERS WAY?

3 FARRIERS WAY is 83m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Houghton Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Houghton Regis, and where 3 FARRIERS WAY lies on this distribution: 18% of detached houses are smaller than 3 FARRIERS WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Houghton Regis.

3 FARRIERS WAY: Plot and Title Map

3 FARRIERS WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 3 FARRIERS 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 3 FARRIERS 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 3 FARRIERS WAY?

3 FARRIERS WAY is located in HOUGHTON REGIS, in the LU5 postcode district. The below map shows the position of No. 3 on FARRIERS WAY.