1, MEDWAY CLOSE, FLITWICK, BEDFORD, MK45 1DQ - £195,000

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 MEDWAY CLOSE is a very small semi-detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £386,064. It was last sold for £195,000 in November 2008, which was around 2% above the average November 2008 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

1 MEDWAY CLOSE Sold Prices

Land registry data shows four sales for 1 MEDWAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. Most of the four 1 MEDWAY 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
2008 20 NOV	£195,000	£191,600	2% above HPI
2004 23 JUN	£169,995	£171,853	1% below HPI
2001 22 JUN	£59,000	£108,226	45% below HPI
1995 24 MAR	£52,500	£58,417	10% below HPI

1 MEDWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four 1 MEDWAY CLOSE sales between March 1995 and November 2008 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 June 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2008 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 MEDWAY CLOSE be worth now?

1 MEDWAY CLOSE might now be worth an estimated £386,064.

This is based on house price inflation of 98%, between November 2008 and February 2025, for semi-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 98% inflationary increase is applied to the most recent sale price for 1 MEDWAY CLOSE of £195,000 on 20th November 2008. For the value to have increased from £195,000 to £386,064 over the seventeen years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 MEDWAY CLOSE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The November 2008 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MEDWAY CLOSE has not materially changed since November 2008.

How Large is 1 MEDWAY CLOSE?

1 MEDWAY CLOSE is 69m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of semi-detached houses houses in Flitwick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Flitwick, and where 1 MEDWAY CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 1 MEDWAY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

1 MEDWAY CLOSE: Plot and Title Map

1 MEDWAY CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 1 MEDWAY 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 MEDWAY 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 MEDWAY CLOSE?

1 MEDWAY CLOSE is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 1 on MEDWAY CLOSE.