3, MORLAND CLOSE, DUNSTABLE, LU6 3QB - £495,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MORLAND CLOSE is a large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £495,000 in May 2024, which was around 13% below the average May 2024 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was C.

3 MORLAND CLOSE Sold Prices

Land registry data shows four sales for 3 MORLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Most of the four 3 MORLAND 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
2024 3 MAY	£495,000	£570,633	13% below HPI
2024 31 JAN	£412,500	£560,058	26% below HPI
2023 21 DEC	£525,000	£555,989	6% below HPI
2000 24 MAR	£162,000	£160,557	1% above HPI

3 MORLAND 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 four 3 MORLAND CLOSE sales between March 2000 and May 2024 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 2024 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 MORLAND CLOSE?

3 MORLAND CLOSE is 142m², which includes two extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 30% of detached houses in Dunstable, based on EPC data. The below chart shows the distribution of detached houses by size in Dunstable, and where 3 MORLAND CLOSE lies on this distribution: 75% of detached houses are smaller than 3 MORLAND CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Dunstable.

3 MORLAND CLOSE: Plot and Title Map

3 MORLAND CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 3 MORLAND 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 MORLAND 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 MORLAND CLOSE?

3 MORLAND CLOSE is located in DUNSTABLE, in the LU6 postcode district. The below map shows the position of No. 3 on MORLAND CLOSE.