3, THE RICKYARD, MARSTON MORETAINE, BEDFORD, MK43 0NG - £360,000

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 THE RICKYARD is a very small detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £388,182. It was last sold for £360,000 in August 2024, which was around 38% below the average August 2024 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

3 THE RICKYARD Sold Prices

Land registry data shows four sales for 3 THE RICKYARD 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. All of the four 3 THE RICKYARD 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 27 AUG	£360,000	£578,300	38% below HPI
2019 5 JUL	£296,500	£503,675	41% below HPI
2014 2 MAY	£220,000	£354,489	38% below HPI
2005 5 SEP	£204,950	£305,791	33% below HPI

3 THE RICKYARD 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 THE RICKYARD sales between September 2005 and August 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 July 2019 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2024 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 3 THE RICKYARD be worth now?

3 THE RICKYARD might now be worth an estimated £388,182.

This is based on house price inflation of 7.8%, between August 2024 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 7.8% inflationary increase is applied to the most recent sale price for 3 THE RICKYARD of £360,000 on 27th August 2024. For the value to have increased from £360,000 to £388,182 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 3 THE RICKYARD has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The August 2024 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE RICKYARD has not materially changed since August 2024.

How Large is 3 THE RICKYARD?

3 THE RICKYARD is 81m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% 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 THE RICKYARD lies on this distribution: 18% of detached houses houses are smaller than 3 THE RICKYARD, and 82% of houses are larger. Note that EPC data is not available for all properties in Lower Shelton.

3 THE RICKYARD: Plot and Title Map

3 THE RICKYARD sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 3 THE RICKYARD, 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 THE RICKYARD). 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 THE RICKYARD?

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