10, GILLESPIE CLOSE, BEDFORD, MK42 9JH - £162,500

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.

10 GILLESPIE CLOSE is a very small extended semi-detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £303,260. It was last sold for £162,500 in September 2008, which was around 9% below the average September 2008 semi-detached price in the Bedford local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

10 GILLESPIE CLOSE Sold Prices

Land registry data shows three sales for 10 GILLESPIE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bedford local authority area for the corresponding sale date. Two of the three 10 GILLESPIE CLOSE sales were for below the average price, whilst one 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
2008 18 SEP	£162,500	£177,867	9% below HPI
2008 15 AUG	£160,000	£182,641	12% below HPI
2003 25 APR	£143,300	£135,108	6% above HPI

10 GILLESPIE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bedford local authority area over time, sourced from the HPI. The three 10 GILLESPIE CLOSE sales between April 2003 and September 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 August 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2008 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 10 GILLESPIE CLOSE be worth now?

10 GILLESPIE CLOSE might now be worth an estimated £303,260.

This is based on house price inflation of 86.6%, between September 2008 and February 2025, for semi-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 86.6% inflationary increase is applied to the most recent sale price for 10 GILLESPIE CLOSE of £162,500 on 18th September 2008. For the value to have increased from £162,500 to £303,260 over the seventeen years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 GILLESPIE CLOSE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The September 2008 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 10 GILLESPIE CLOSE has not materially changed since September 2008.

How Large is 10 GILLESPIE CLOSE?

10 GILLESPIE CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of semi-detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bedford, and where 10 GILLESPIE CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 10 GILLESPIE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bedford.

10 GILLESPIE CLOSE: Plot and Title Map

10 GILLESPIE CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 10 GILLESPIE 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 10 GILLESPIE 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 10 GILLESPIE CLOSE?

10 GILLESPIE CLOSE is located in BEDFORD, in the MK42 postcode district. The below map shows the position of No. 10 on GILLESPIE CLOSE.