7, WHEATLANDS CLOSE, MAULDEN, BEDFORD, MK45 2AQ - £625,000

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.

7 WHEATLANDS CLOSE is a large extended detached house of 170m², built sometime between 1991 and 1995, which could now be worth an estimated £739,440. It was last sold for £625,000 in November 2020, which was around 21% above the average November 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

7 WHEATLANDS CLOSE Sold Prices

Land registry data shows two sales for 7 WHEATLANDS 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 7 WHEATLANDS 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
2020 24 NOV	£625,000	£517,049	21% above HPI
2007 14 DEC	£459,995	£354,952	30% above HPI

7 WHEATLANDS 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 7 WHEATLANDS CLOSE sales from December 2007 and November 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 December 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 7 WHEATLANDS CLOSE be worth now?

7 WHEATLANDS CLOSE might now be worth an estimated £739,440.

This is based on house price inflation of 18.3%, between November 2020 and March 2026, 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 18.3% inflationary increase is applied to the most recent sale price for 7 WHEATLANDS CLOSE of £625,000 on 24th November 2020. For the value to have increased from £625,000 to £739,440 over the six years and eight months to March 2026, the following assumptions must hold true:

• The value of 7 WHEATLANDS CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The November 2020 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WHEATLANDS CLOSE has not materially changed since November 2020.

How Large is 7 WHEATLANDS CLOSE?

7 WHEATLANDS CLOSE is 170m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses houses in Maulden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maulden, and where 7 WHEATLANDS CLOSE lies on this distribution: 68% of detached houses houses are smaller than 7 WHEATLANDS CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Maulden.

7 WHEATLANDS CLOSE: Plot and Title Map

7 WHEATLANDS CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 7 WHEATLANDS 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 7 WHEATLANDS 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 7 WHEATLANDS CLOSE?

7 WHEATLANDS CLOSE is located in MAULDEN, in the MK45 postcode district. The below map shows the position of No. 7 on WHEATLANDS CLOSE.