VENTURE, DUNSTABLE ROAD, STUDHAM, DUNSTABLE, LU6 2QJ - £916,500

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

VENTURE is a very small detached house of 94m², built sometime between 1930 and 1949. It was last sold for £916,500 in January 2022, which was around 72% above the average January 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was A.

VENTURE Sold Prices

Land registry data shows two sales for VENTURE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two VENTURE 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 27 JAN	£916,500	£531,938	72% above HPI
2017 6 APR	£675,000	£481,623	40% above HPI

VENTURE 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 two VENTURE sales from April 2017 and January 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 April 2017 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2022 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is VENTURE?

VENTURE is 94m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 VENTURE lies on this distribution: 1% of detached houses are smaller than VENTURE, and 99% of houses are larger. Note that EPC data is not available for all properties in Holywell.

VENTURE: Plot and Title Map

VENTURE sits on a plot of roughly 0.689 of an acre, or 2,790m². The below map shows the location of VENTURE, 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 VENTURE). 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 VENTURE?

VENTURE is located on DUNSTABLE ROAD in STUDHAM, in the LU6 postcode district. The below map shows the position of VENTURE on DUNSTABLE ROAD.