FAIR VIEW, VICARAGE CLOSE, RAVENSDEN, BEDFORD, MK44 2RW - £420,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

FAIR VIEW is a large extended detached house of 177m², built sometime between 1967 and 1975. It was last sold for £420,000 in November 2014, which was around 21% above the average November 2014 detached price in the Bedford local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

FAIR VIEW Sold Prices

Land registry data shows two sales for FAIR VIEW 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 FAIR VIEW 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
2014 6 NOV	£420,000	£347,022	21% above HPI
2003 15 OCT	£330,000	£252,759	31% above HPI

FAIR VIEW 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 FAIR VIEW sales from October 2003 and November 2014 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 October 2003 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2014 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is FAIR VIEW?

FAIR VIEW is 177m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of detached houses in Ravensden, based on EPC data. The below chart shows the distribution of detached houses by size in Ravensden, and where FAIR VIEW lies on this distribution: 73% of detached houses are smaller than FAIR VIEW, and 27% of houses are larger. Note that EPC data is not available for all properties in Ravensden.

FAIR VIEW: Plot and Title Map

FAIR VIEW sits on a plot of roughly 0.139 of an acre, or 565m². The below map shows the location of FAIR VIEW, 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 FAIR VIEW). 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 FAIR VIEW?

FAIR VIEW is located on VICARAGE CLOSE in RAVENSDEN, in the MK44 postcode district. The below map shows the position of FAIR VIEW on VICARAGE CLOSE.