8, HIGHFIELD ROAD, OAKLEY, BEDFORD, MK43 7TA - £592,000

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

8 HIGHFIELD ROAD is a large extended detached house of 193m², built sometime between 1930 and 1949. It was last sold for £592,000 in April 2022, which was around 11% above the average April 2022 detached price in the Bedford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was D.

8 HIGHFIELD ROAD Sold Prices

Land registry data shows two sales for 8 HIGHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 8 HIGHFIELD ROAD sales were for above 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
2022 29 APR	£592,000	£531,529	11% above HPI
1998 9 JUN	£135,000	£114,367	18% above HPI

8 HIGHFIELD ROAD 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 two 8 HIGHFIELD ROAD sales from June 1998 and April 2022 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 June 1998 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 8 HIGHFIELD ROAD?

8 HIGHFIELD ROAD is 193m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 8 HIGHFIELD ROAD lies on this distribution: 77% of detached houses are smaller than 8 HIGHFIELD ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Oakley.

8 HIGHFIELD ROAD: Plot and Title Map

8 HIGHFIELD ROAD sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 8 HIGHFIELD ROAD, 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 8 HIGHFIELD ROAD). 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 8 HIGHFIELD ROAD?

8 HIGHFIELD ROAD is located in OAKLEY, in the MK43 postcode district. The below map shows the position of No. 8 on HIGHFIELD ROAD.