15, FARRIERS WAY, HOUGHTON REGIS, DUNSTABLE, LU5 5FF - £286,000

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.

15 FARRIERS WAY is a small terraced house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £338,530. It was last sold for £286,000 in August 2020, which was around 15% above the average August 2020 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

15 FARRIERS WAY Sold Prices

Land registry data shows five sales for 15 FARRIERS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. Most of the five 15 FARRIERS WAY 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
2020 5 AUG	£286,000	£249,230	15% above HPI
2016 22 JUL	£262,000	£230,504	14% above HPI
2009 29 MAY	£162,000	£145,903	11% above HPI
2008 26 NOV	£126,000	£157,283	20% below HPI
2003 31 OCT	£175,000	£128,632	36% above HPI

15 FARRIERS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The five 15 FARRIERS WAY sales between October 2003 and August 2020 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 July 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 15 FARRIERS WAY be worth now?

15 FARRIERS WAY might now be worth an estimated £338,530.

This is based on house price inflation of 18.4%, between August 2020 and June 2025, for terraced 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 18.4% inflationary increase is applied to the most recent sale price for 15 FARRIERS WAY of £286,000 on 5th August 2020. For the value to have increased from £286,000 to £338,530 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 15 FARRIERS WAY has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The August 2020 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FARRIERS WAY has not materially changed since August 2020.

How Large is 15 FARRIERS WAY?

15 FARRIERS WAY is 89m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of terraced houses houses in Houghton Regis, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Houghton Regis, and where 15 FARRIERS WAY lies on this distribution: 25% of terraced houses houses are smaller than 15 FARRIERS WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Houghton Regis.

15 FARRIERS WAY: Plot and Title Map

15 FARRIERS WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 15 FARRIERS WAY, 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 15 FARRIERS WAY). 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 15 FARRIERS WAY?

15 FARRIERS WAY is located in HOUGHTON REGIS, in the LU5 postcode district. The below map shows the position of No. 15 on FARRIERS WAY.