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

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.

1 EUSTACE CLOSE is a very small detached house of 62m², built sometime between 2007 and 2011, which could now be worth an estimated £268,828. It was last sold for £256,000 in March 2022, which was around 50% 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	£513,641	50% below HPI
2014 31 OCT	£175,000	£338,334	48% below HPI
2011 18 NOV	£159,995	£289,746	45% 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 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 1 EUSTACE CLOSE be worth now?

1 EUSTACE CLOSE might now be worth an estimated £268,828.

This is based on house price inflation of 5%, between March 2022 and February 2025, for detached 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 5% inflationary increase is applied to the most recent sale price for 1 EUSTACE CLOSE of £256,000 on 21st March 2022. For the value to have increased from £256,000 to £268,828 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 1 EUSTACE CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The March 2022 sale price of £256,000 represented a fair market value for the property.
• The size, condition, and specification of 1 EUSTACE CLOSE has not materially changed since March 2022.

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 houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shortstown, and where 1 EUSTACE CLOSE lies on this distribution: 1% of detached houses 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.