12, CHAPEL CLOSE, BEDFORD, MK41 0DR - £189,950

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

12 CHAPEL CLOSE is a very small extended detached house of 59m², built sometime between 1976 and 1982. It was last sold for £189,950 in July 2002, which was around 11% below the average July 2002 detached price in the Bedford local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

12 CHAPEL CLOSE Sold Prices

Land registry data shows two sales for 12 CHAPEL 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 12 CHAPEL 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
2002 24 JUL	£189,950	£214,054	11% below HPI
1997 23 MAY	£81,500	£104,151	22% below HPI

12 CHAPEL 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 12 CHAPEL CLOSE sales from May 1997 and July 2002 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 May 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2002 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 12 CHAPEL CLOSE?

12 CHAPEL CLOSE is 59m², which includes one extension, according to the EPC inspection conducted in October 2012. 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 12 CHAPEL CLOSE lies on this distribution: 1% of detached houses are smaller than 12 CHAPEL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bedford.

12 CHAPEL CLOSE: Plot and Title Map

12 CHAPEL CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 12 CHAPEL 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 12 CHAPEL 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 12 CHAPEL CLOSE?

12 CHAPEL CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 12 on CHAPEL CLOSE.