1, SOMERTON CLOSE, BEDFORD, MK41 8HA - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SOMERTON CLOSE is a midsized detached house of 135m², built sometime between 1967 and 1975. It was last sold for £375,000 in December 2017, which was around 18% below the average December 2017 detached price in the Bedford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

1 SOMERTON CLOSE Sold Prices

Land registry data shows two sales for 1 SOMERTON 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. One of the two 1 SOMERTON CLOSE sales was for below the average price, whilst the other was 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
2017 8 DEC	£375,000	£456,980	18% below HPI
2009 11 AUG	£275,000	£271,909	1% above HPI

1 SOMERTON 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 SOMERTON CLOSE sales from August 2009 and December 2017 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 August 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 SOMERTON CLOSE?

1 SOMERTON CLOSE is 135m² according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 1 SOMERTON CLOSE lies on this distribution: 60% of detached houses are smaller than 1 SOMERTON CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1 SOMERTON CLOSE: Plot and Title Map

1 SOMERTON CLOSE sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of 1 SOMERTON 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 SOMERTON 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 SOMERTON CLOSE?

1 SOMERTON CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 1 on SOMERTON CLOSE.