1, EUSTACE CLOSE, SHORTSTOWN, BEDFORD, MK42 0FZ - £256,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 EUSTACE CLOSE is a very small detached house of 62m², built sometime between 2007 and 2011. It was last sold for £256,000 in March 2022, which was around 51% below the average March 2022 detached price in the Bedford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

1 EUSTACE CLOSE Sold Prices

Land registry data shows three sales for 1 EUSTACE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 1 EUSTACE CLOSE sales were for below 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
2022 21 MAR	£256,000	£524,888	51% below HPI
2014 31 OCT	£175,000	£345,742	49% below HPI
2011 18 NOV	£159,995	£296,090	46% below HPI

1 EUSTACE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The three 1 EUSTACE CLOSE sales between November 2011 and March 2022 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 October 2014 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2022 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 1 EUSTACE CLOSE?

1 EUSTACE CLOSE is 62m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses by size in Shortstown, and where 1 EUSTACE CLOSE lies on this distribution: 1% of detached houses are smaller than 1 EUSTACE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shortstown.

1 EUSTACE CLOSE: Plot and Title Map

1 EUSTACE CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 1 EUSTACE 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 1 EUSTACE 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 1 EUSTACE CLOSE?

1 EUSTACE CLOSE is located in SHORTSTOWN, in the MK42 postcode district. The below map shows the position of No. 1 on EUSTACE CLOSE.