1, TIPCAT CLOSE, ELSTOW, BEDFORD, MK42 9ZA - £183,000

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 TIPCAT CLOSE is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £183,000 in October 2010, which was around 39% below the average October 2010 detached price in the Bedford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

1 TIPCAT CLOSE Sold Prices

Land registry data shows two sales for 1 TIPCAT 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 TIPCAT 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
2010 8 OCT	£183,000	£301,744	39% below HPI
2000 1 SEP	£110,000	£167,750	34% below HPI

1 TIPCAT 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 TIPCAT CLOSE sales from September 2000 and October 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 September 2000 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2010 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 TIPCAT CLOSE?

1 TIPCAT CLOSE is 85m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% 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 TIPCAT CLOSE lies on this distribution: 12% of detached houses are smaller than 1 TIPCAT CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1 TIPCAT CLOSE: Plot and Title Map

1 TIPCAT CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 1 TIPCAT 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 TIPCAT 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 TIPCAT CLOSE?

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