OAK HOUSE, JOES CLOSE, GREENFIELD, BEDFORD, MK45 5HT - £600,000

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.

OAK HOUSE is a very large extended detached house of 215m², built sometime between 1991 and 1995, which could now be worth an estimated £951,833. It was last sold for £600,000 in January 2015, which was around 53% above the average January 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was E.

OAK HOUSE Sold Prices

Land registry data shows three sales for OAK HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three OAK HOUSE 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
2015 6 JAN	£600,000	£390,961	53% above HPI
2000 16 MAR	£275,000	£164,431	67% above HPI
1998 14 AUG	£228,000	£134,732	69% above HPI

OAK HOUSE 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 three OAK HOUSE sales between August 1998 and January 2015 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 2000 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the January 2015 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might OAK HOUSE be worth now?

OAK HOUSE might now be worth an estimated £951,833.

This is based on house price inflation of 58.6%, between January 2015 and August 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 58.6% inflationary increase is applied to the most recent sale price for OAK HOUSE of £600,000 on 6th January 2015. For the value to have increased from £600,000 to £951,833 over the nine years and five months to August 2025, the following assumptions must hold true:

• The value of OAK HOUSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The January 2015 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of OAK HOUSE has not materially changed since January 2015.

How Large is OAK HOUSE?

OAK HOUSE is 215m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses houses in Greenfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greenfield, and where OAK HOUSE lies on this distribution: 80% of detached houses houses are smaller than OAK HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Greenfield.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.216 of an acre, or 875m². The below map shows the location of OAK HOUSE, 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 OAK HOUSE). 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 OAK HOUSE?

OAK HOUSE is located on JOES CLOSE in GREENFIELD, in the MK45 postcode district. The below map shows the position of OAK HOUSE on JOES CLOSE.