11, ORWELL CLOSE, BEDFORD, MK41 7BQ - £169,000

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

11 ORWELL CLOSE is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £169,000 in July 2011, which was around 43% below the average July 2011 detached price in the Bedford local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was A.

11 ORWELL CLOSE Sold Prices

Land registry data shows five sales for 11 ORWELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the five 11 ORWELL 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
2011 6 JUL	£169,000	£294,112	43% below HPI
2008 6 MAR	£175,000	£318,151	45% below HPI
2007 31 AUG	£185,000	£313,896	41% below HPI
2001 20 JUL	£97,500	£179,278	46% below HPI
1996 18 JAN	£55,000	£90,430	39% below HPI

11 ORWELL 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 five 11 ORWELL CLOSE sales between January 1996 and July 2011 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 March 2008 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2011 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 11 ORWELL CLOSE?

11 ORWELL CLOSE is 59m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 11 ORWELL CLOSE lies on this distribution: 1% of detached houses are smaller than 11 ORWELL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bedford.

11 ORWELL CLOSE: Plot and Title Map

11 ORWELL CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 11 ORWELL 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 11 ORWELL 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 11 ORWELL CLOSE?

11 ORWELL CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 11 on ORWELL CLOSE.