12, OSPREY CLOSE, KEMPSTON, BEDFORD, MK42 7TH - £320,000

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.

12 OSPREY CLOSE is a small extended detached house of 96m², built sometime between 1991 and 1995, which could now be worth an estimated £383,713. It was last sold for £320,000 in February 2020, which was around 29% below the average February 2020 detached price in the Bedford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

12 OSPREY CLOSE Sold Prices

Land registry data shows four sales for 12 OSPREY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 12 OSPREY 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
2020 14 FEB	£320,000	£449,820	29% below HPI
2019 18 OCT	£330,000	£454,134	27% below HPI
2006 28 SEP	£227,000	£290,471	22% below HPI
2004 22 SEP	£202,500	£266,079	24% below HPI

12 OSPREY 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 four 12 OSPREY CLOSE sales between September 2004 and February 2020 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 October 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 12 OSPREY CLOSE be worth now?

12 OSPREY CLOSE might now be worth an estimated £383,713.

This is based on house price inflation of 19.9%, between February 2020 and February 2025, for 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 19.9% inflationary increase is applied to the most recent sale price for 12 OSPREY CLOSE of £320,000 on 14th February 2020. For the value to have increased from £320,000 to £383,713 over the five years to February 2025, the following assumptions must hold true:

• The value of 12 OSPREY CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The February 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OSPREY CLOSE has not materially changed since February 2020.

How Large is 12 OSPREY CLOSE?

12 OSPREY CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kempston, and where 12 OSPREY CLOSE lies on this distribution: 38% of detached houses houses are smaller than 12 OSPREY CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Kempston.

12 OSPREY CLOSE: Plot and Title Map

12 OSPREY CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 12 OSPREY 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 OSPREY 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 OSPREY CLOSE?

12 OSPREY CLOSE is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 12 on OSPREY CLOSE.