61, REYNES DRIVE, OAKLEY, BEDFORD, MK43 7SL - £255,000

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.

61 REYNES DRIVE is a very small terraced house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £307,645. It was last sold for £255,000 in August 2018, which was around 16% above the average August 2018 terraced price in the Bedford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

61 REYNES DRIVE Sold Prices

Land registry data shows three sales for 61 REYNES DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bedford local authority area for the corresponding sale date. All of the three 61 REYNES DRIVE 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 2 AUG	£255,000	£219,414	16% above HPI
2001 2 MAR	£99,000	£70,652	40% above HPI
1996 28 OCT	£59,995	£42,031	43% above HPI

61 REYNES DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bedford local authority area over time, sourced from the HPI. The three 61 REYNES DRIVE sales between October 1996 and August 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 March 2001 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2018 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 61 REYNES DRIVE be worth now?

61 REYNES DRIVE might now be worth an estimated £307,645.

This is based on house price inflation of 20.6%, between August 2018 and June 2025, for terraced houses, in the Bedford 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 61 REYNES DRIVE of £255,000 on 2nd August 2018. For the value to have increased from £255,000 to £307,645 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 61 REYNES DRIVE has moved in line with the HPI for terraced houses in the Bedford local authority area.
• The August 2018 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 61 REYNES DRIVE has not materially changed since August 2018.

How Large is 61 REYNES DRIVE?

61 REYNES DRIVE is 73m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of terraced houses houses in Oakley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oakley, and where 61 REYNES DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 61 REYNES DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Oakley.

61 REYNES DRIVE: Plot and Title Map

61 REYNES DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 61 REYNES DRIVE, 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 61 REYNES DRIVE). 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 61 REYNES DRIVE?

61 REYNES DRIVE is located in OAKLEY, in the MK43 postcode district. The below map shows the position of No. 61 on REYNES DRIVE.