8, OAKWAY, STUDHAM, DUNSTABLE, LU6 2PE - £965,000

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 OAKWAY is a very large detached house of 287m², built sometime between 1950 and 1966. It was last sold for £965,000 in September 2020, which was around 89% above the average September 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

8 OAKWAY Sold Prices

Land registry data shows three sales for 8 OAKWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 8 OAKWAY 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
2020 2 SEP	£965,000	£510,526	89% above HPI
2006 21 JUL	£665,000	£306,550	117% above HPI
2002 29 JUL	£475,000	£229,491	107% above HPI

8 OAKWAY 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 three 8 OAKWAY sales between July 2002 and September 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 July 2006 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the September 2020 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is 8 OAKWAY?

8 OAKWAY is 287m² according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of detached houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses by size in Holywell, and where 8 OAKWAY lies on this distribution: 99% of detached houses are smaller than 8 OAKWAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Holywell.

8 OAKWAY: Plot and Title Map

8 OAKWAY sits on a plot of roughly 0.337 of an acre, or 1,363m². The below map shows the location of 8 OAKWAY, 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 OAKWAY). 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 OAKWAY?

8 OAKWAY is located in STUDHAM, in the LU6 postcode district. The below map shows the position of No. 8 on OAKWAY.