3, PARSONAGE CLOSE, OAKLEY, BEDFORD, MK43 7TG - £425,000

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 PARSONAGE CLOSE is a large extended detached house of 177m², built sometime between 1991 and 1995. It was last sold for £425,000 in June 2003, which was around 78% above the average June 2003 detached price in the Bedford local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was C.

3 PARSONAGE CLOSE Sold Prices

Land registry data shows two sales for 3 PARSONAGE CLOSE 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 PARSONAGE CLOSE sales were for above 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
2003 6 JUN	£425,000	£238,452	78% above HPI
1997 7 JUL	£202,500	£106,700	90% above HPI

3 PARSONAGE CLOSE 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 PARSONAGE CLOSE sales from July 1997 and June 2003 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 July 1997 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the June 2003 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 3 PARSONAGE CLOSE?

3 PARSONAGE CLOSE is 177m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 40% 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 PARSONAGE CLOSE lies on this distribution: 68% of detached houses are smaller than 3 PARSONAGE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Oakley.

3 PARSONAGE CLOSE: Plot and Title Map

3 PARSONAGE CLOSE sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 3 PARSONAGE 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 PARSONAGE 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 PARSONAGE CLOSE?

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