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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

VENTURE is a very small detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £1,044,835. It was last sold for £916,500 in January 2022, which was around 68% 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	£546,979	68% above HPI
2017 6 APR	£675,000	£495,241	36% 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 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2022 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might VENTURE be worth now?

VENTURE might now be worth an estimated £1,044,835.

This is based on house price inflation of 14%, between January 2022 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for VENTURE of £916,500 on 27th January 2022. For the value to have increased from £916,500 to £1,044,835 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of VENTURE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The January 2022 sale price of £916,500 represented a fair market value for the property.
• The size, condition, and specification of VENTURE has not materially changed since January 2022.

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 houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holywell, and where VENTURE lies on this distribution: 1% of detached houses 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.