3, MAY CLOSE, EATON BRAY, DUNSTABLE, LU6 2RL - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MAY CLOSE is a very small detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £478,011. It was last sold for £345,000 in January 2016, which was around 23% below the average January 2016 detached price in the Central Bedfordshire 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 MAY CLOSE Sold Prices

Land registry data shows three sales for 3 MAY CLOSE 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 MAY CLOSE 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 29 JAN	£345,000	£450,057	23% below HPI
2006 12 MAY	£230,000	£307,612	25% below HPI
2001 25 APR	£153,250	£191,686	20% below HPI

3 MAY CLOSE 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 MAY CLOSE sales between April 2001 and January 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 May 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 MAY CLOSE be worth now?

3 MAY CLOSE might now be worth an estimated £478,011.

This is based on house price inflation of 38.6%, between January 2016 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.6% inflationary increase is applied to the most recent sale price for 3 MAY CLOSE of £345,000 on 29th January 2016. For the value to have increased from £345,000 to £478,011 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 MAY CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The January 2016 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MAY CLOSE has not materially changed since January 2016.

How Large is 3 MAY CLOSE?

3 MAY CLOSE is 81m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses houses in Eaton Bray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eaton Bray, and where 3 MAY CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 MAY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Eaton Bray.

3 MAY CLOSE: Plot and Title Map

3 MAY CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 MAY CLOSE, 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 MAY CLOSE). 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 MAY CLOSE?

3 MAY CLOSE is located in EATON BRAY, in the LU6 postcode district. The below map shows the position of No. 3 on MAY CLOSE.