11, THE CHASE, KEMPSTON, BEDFORD, MK43 9HN - £440,000

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

11 THE CHASE is a very small extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £440,000 in November 2021, which was around 13% below the average November 2021 detached price in the Bedford local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

11 THE CHASE Sold Prices

Land registry data shows three sales for 11 THE CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Two of the three 11 THE CHASE 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
2021 26 NOV	£440,000	£504,524	13% below HPI
2016 10 MAR	£390,000	£396,498	2% below HPI
1995 29 MAR	£119,950	£95,032	26% above HPI

11 THE CHASE 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 three 11 THE CHASE sales between March 1995 and November 2021 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 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 11 THE CHASE?

11 THE CHASE is 116m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Gibraltar, based on EPC data. The below chart shows the distribution of detached houses by size in Gibraltar, and where 11 THE CHASE lies on this distribution: 15% of detached houses are smaller than 11 THE CHASE, and 85% of houses are larger. Note that EPC data is not available for all properties in Gibraltar.

11 THE CHASE: Plot and Title Map

11 THE CHASE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 11 THE CHASE, 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 THE CHASE). 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 THE CHASE?

11 THE CHASE is located in KEMPSTON, in the MK43 postcode district. The below map shows the position of No. 11 on THE CHASE.