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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). 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 48% 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	£502,933	48% below HPI
2007 30 NOV	£199,995	£347,261	42% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

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 in Lower Shelton, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Shelton, and where 3 STRATFORD WAY lies on this distribution: Less than 1% of detached 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.