1, OBSERVER CLOSE, BIDDENHAM, BEDFORD, MK40 4EU - £500,000

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 OBSERVER CLOSE is a very large extended detached house of 326m², built sometime between 2003 and 2006, which could now be worth an estimated £976,374. It was last sold for £500,000 in January 2010, which was around 81% above the average January 2010 detached price in the Bedford local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

1 OBSERVER CLOSE Sold Prices

Land registry data shows two sales for 1 OBSERVER 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 Bedford local authority area for the corresponding sale date. Both of the two 1 OBSERVER 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
2010 28 JAN	£500,000	£276,216	81% above HPI
2004 18 OCT	£530,000	£266,308	99% above HPI

1 OBSERVER 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 two 1 OBSERVER CLOSE sales from October 2004 and January 2010 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 2004 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the January 2010 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 1 OBSERVER CLOSE be worth now?

1 OBSERVER CLOSE might now be worth an estimated £976,374.

This is based on house price inflation of 95.3%, between January 2010 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 95.3% inflationary increase is applied to the most recent sale price for 1 OBSERVER CLOSE of £500,000 on 28th January 2010. For the value to have increased from £500,000 to £976,374 over the fourteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 OBSERVER CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The January 2010 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OBSERVER CLOSE has not materially changed since January 2010.

How Large is 1 OBSERVER CLOSE?

1 OBSERVER CLOSE is 326m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 10% of detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 1 OBSERVER CLOSE lies on this distribution: 97% of detached houses houses are smaller than 1 OBSERVER CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1 OBSERVER CLOSE: Plot and Title Map

1 OBSERVER CLOSE sits on a plot of roughly 0.348 of an acre, or 1,409m². The below map shows the location of 1 OBSERVER 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 OBSERVER 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 OBSERVER CLOSE?

1 OBSERVER CLOSE is located in BIDDENHAM, in the MK40 postcode district. The below map shows the position of No. 1 on OBSERVER CLOSE.