3, PARRISH CLOSE, MARSTON MORETAINE, BEDFORD, MK43 0AG - £270,000

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.

3 PARRISH CLOSE is a very small terraced house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £325,530. It was last sold for £270,000 in September 2017, which was around 10% above the average September 2017 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

3 PARRISH CLOSE Sold Prices

Land registry data shows four sales for 3 PARRISH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 3 PARRISH 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
2017 18 SEP	£270,000	£246,005	10% above HPI
2009 23 DEC	£162,500	£153,665	6% above HPI
2005 16 DEC	£157,000	£149,757	5% above HPI
1997 24 JUL	£66,000	£53,497	23% above HPI

3 PARRISH CLOSE 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 four 3 PARRISH CLOSE sales between July 1997 and September 2017 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 December 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 PARRISH CLOSE be worth now?

3 PARRISH CLOSE might now be worth an estimated £325,530.

This is based on house price inflation of 20.6%, between September 2017 and May 2026, 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 20.6% inflationary increase is applied to the most recent sale price for 3 PARRISH CLOSE of £270,000 on 18th September 2017. For the value to have increased from £270,000 to £325,530 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 3 PARRISH CLOSE has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The September 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARRISH CLOSE has not materially changed since September 2017.

How Large is 3 PARRISH CLOSE?

3 PARRISH CLOSE is 66m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of terraced houses houses in Marston Moretaine, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Marston Moretaine, and where 3 PARRISH CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 3 PARRISH CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Marston Moretaine.

3 PARRISH CLOSE: Plot and Title Map

3 PARRISH CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 3 PARRISH 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 3 PARRISH 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 3 PARRISH CLOSE?

3 PARRISH CLOSE is located in MARSTON MORETAINE, in the MK43 postcode district. The below map shows the position of No. 3 on PARRISH CLOSE.