3, STRATFORD WAY, MARSTON MORETAINE, BEDFORD, MK43 0LJ - £262,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 STRATFORD WAY is a very small extended detached house of 63m², built sometime between 1967 and 1975. It was last sold for £262,500 in December 2020, which was around 49% below the average December 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

3 STRATFORD WAY Sold Prices

Land registry data shows two sales for 3 STRATFORD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 3 STRATFORD 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 17 DEC	£262,500	£517,154	49% below HPI
2007 30 NOV	£199,995	£355,640	44% below HPI

3 STRATFORD 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 two 3 STRATFORD WAY sales from November 2007 and December 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 2007 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 3 STRATFORD WAY be worth now?

3 STRATFORD WAY might now be worth an estimated £309,285.

This is based on house price inflation of 17.8%, between December 2020 and December 2024, 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 17.8% inflationary increase is applied to the most recent sale price for 3 STRATFORD WAY of £262,500 on 17th December 2020. For the value to have increased from £262,500 to £309,285 over the four years to December 2024, the following assumptions must hold true:

• The value of 3 STRATFORD WAY has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The December 2020 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 3 STRATFORD WAY has not materially changed since December 2020.

How Large is 3 STRATFORD WAY?

3 STRATFORD WAY is 63m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses houses in Lower Shelton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Shelton, and where 3 STRATFORD WAY lies on this distribution: Less than 1% of detached houses houses are smaller than 3 STRATFORD WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lower Shelton.

3 STRATFORD WAY: Plot and Title Map

3 STRATFORD WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 3 STRATFORD 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 STRATFORD 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 STRATFORD WAY?

3 STRATFORD WAY is located in MARSTON MORETAINE, in the MK43 postcode district. The below map shows the position of No. 3 on STRATFORD WAY.