7, OAKLEY RISE, WILSTEAD, BEDFORD, MK45 3FD - £590,000

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

7 OAKLEY RISE is a very large extended detached house of 296m², built sometime between 2003 and 2006. It was last sold for £590,000 in March 2016, which was around 49% above the average March 2016 detached price in the Bedford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

7 OAKLEY RISE Sold Prices

Land registry data shows three sales for 7 OAKLEY RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Two of the three 7 OAKLEY RISE sales were for above the average price, whilst one was 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
2016 17 MAR	£590,000	£396,498	49% above HPI
2008 17 NOV	£249,999	£279,316	10% below HPI
2003 4 NOV	£479,995	£252,789	90% above HPI

7 OAKLEY RISE 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 three 7 OAKLEY RISE sales between November 2003 and March 2016 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 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2016 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 7 OAKLEY RISE?

7 OAKLEY RISE is 296m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Wilstead, based on EPC data. The below chart shows the distribution of detached houses by size in Wilstead, and where 7 OAKLEY RISE lies on this distribution: 99% of detached houses are smaller than 7 OAKLEY RISE, and 1% of houses are larger. Note that EPC data is not available for all properties in Wilstead.

7 OAKLEY RISE: Plot and Title Map

7 OAKLEY RISE sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 7 OAKLEY RISE, 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 7 OAKLEY RISE). 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 7 OAKLEY RISE?

7 OAKLEY RISE is located in WILSTEAD, in the MK45 postcode district. The below map shows the position of No. 7 on OAKLEY RISE.