1, OAK CLOSE, WESTONING, BEDFORD, MK45 5LT - £650,000

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.

1 OAK CLOSE is a large detached house of 197m², built sometime between 1976 and 1982, which could now be worth an estimated £762,173. It was last sold for £650,000 in November 2018, which was around 24% above the average November 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

1 OAK CLOSE Sold Prices

Land registry data shows two sales for 1 OAK CLOSE 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 1 OAK CLOSE 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
2018 9 NOV	£650,000	£522,569	24% above HPI
1995 28 NOV	£172,000	£101,374	70% above HPI

1 OAK CLOSE 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 1 OAK CLOSE sales from November 1995 and November 2018 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 November 1995 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2018 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 1 OAK CLOSE be worth now?

1 OAK CLOSE might now be worth an estimated £762,173.

This is based on house price inflation of 17.3%, between November 2018 and June 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 17.3% inflationary increase is applied to the most recent sale price for 1 OAK CLOSE of £650,000 on 9th November 2018. For the value to have increased from £650,000 to £762,173 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 1 OAK CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The November 2018 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OAK CLOSE has not materially changed since November 2018.

How Large is 1 OAK CLOSE?

1 OAK CLOSE is 197m² according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses houses in Westoning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westoning, and where 1 OAK CLOSE lies on this distribution: 74% of detached houses houses are smaller than 1 OAK CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Westoning.

1 OAK CLOSE: Plot and Title Map

1 OAK CLOSE sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of 1 OAK CLOSE, 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 1 OAK CLOSE). 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 1 OAK CLOSE?

1 OAK CLOSE is located in WESTONING, in the MK45 postcode district. The below map shows the position of No. 1 on OAK CLOSE.