4, ASHCRAFT CLOSE, MARSTON MORETAINE, BEDFORD, MK43 0FL - £420,000

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.

4 ASHCRAFT CLOSE is a midsized detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £523,319. It was last sold for £420,000 in May 2019, which was around 16% below the average May 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

4 ASHCRAFT CLOSE Sold Prices

Land registry data shows two sales for 4 ASHCRAFT 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 4 ASHCRAFT 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
2019 30 MAY	£420,000	£500,459	16% below HPI
2002 9 APR	£212,950	£216,782	2% below HPI

4 ASHCRAFT 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 two 4 ASHCRAFT CLOSE sales from April 2002 and May 2019 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 April 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 ASHCRAFT CLOSE be worth now?

4 ASHCRAFT CLOSE might now be worth an estimated £523,319.

This is based on house price inflation of 24.6%, between May 2019 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 24.6% inflationary increase is applied to the most recent sale price for 4 ASHCRAFT CLOSE of £420,000 on 30th May 2019. For the value to have increased from £420,000 to £523,319 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 4 ASHCRAFT CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The May 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ASHCRAFT CLOSE has not materially changed since May 2019.

How Large is 4 ASHCRAFT CLOSE?

4 ASHCRAFT CLOSE is 126m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses houses in Marston Moretaine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marston Moretaine, and where 4 ASHCRAFT CLOSE lies on this distribution: 44% of detached houses houses are smaller than 4 ASHCRAFT CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Marston Moretaine.

4 ASHCRAFT CLOSE: Plot and Title Map

4 ASHCRAFT CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 4 ASHCRAFT 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 4 ASHCRAFT 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 4 ASHCRAFT CLOSE?

4 ASHCRAFT CLOSE is located in MARSTON MORETAINE, in the MK43 postcode district. The below map shows the position of No. 4 on ASHCRAFT CLOSE.