THE RECTORY, CHURCH LANE, OAKLEY, BEDFORD, MK43 7RU - £550,000

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

THE RECTORY is a large extended detached house of 163m², built sometime before 1900. It was last sold for £550,000 in May 2013, which was around 81% above the average May 2013 detached price in the Bedford local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was E.

THE RECTORY Sold Prices

Land registry data shows two sales for THE RECTORY 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 THE RECTORY 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
2013 1 MAY	£550,000	£303,778	81% above HPI
2005 4 AUG	£500,000	£279,039	79% above HPI

THE RECTORY 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 THE RECTORY sales from August 2005 and May 2013 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 August 2005 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the May 2013 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is THE RECTORY?

THE RECTORY is 163m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 40% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where THE RECTORY lies on this distribution: 61% of detached houses are smaller than THE RECTORY, and 39% of houses are larger. Note that EPC data is not available for all properties in Oakley.

THE RECTORY: Plot and Title Map

THE RECTORY sits on a plot of roughly 0.467 of an acre, or 1,890m². The below map shows the location of THE RECTORY, 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 THE RECTORY). 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 THE RECTORY?

THE RECTORY is located on CHURCH LANE in OAKLEY, in the MK43 postcode district. The below map shows the position of THE RECTORY on CHURCH LANE.