12, REDWALD CLOSE, KEMPSTON, BEDFORD, MK42 8EH - £165,000

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 REDWALD CLOSE is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £299,384. It was last sold for £165,000 in May 2013, which was around 44% below the average May 2013 detached price in the Bedford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

12 REDWALD CLOSE Sold Prices

Land registry data shows two sales for 12 REDWALD 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 REDWALD 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
2013 24 MAY	£165,000	£297,269	44% below HPI
2002 19 JUL	£140,000	£209,467	33% below HPI

12 REDWALD 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 REDWALD CLOSE sales from July 2002 and May 2013 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 July 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2013 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 12 REDWALD CLOSE be worth now?

12 REDWALD CLOSE might now be worth an estimated £299,384.

This is based on house price inflation of 81.4%, between May 2013 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 81.4% inflationary increase is applied to the most recent sale price for 12 REDWALD CLOSE of £165,000 on 24th May 2013. For the value to have increased from £165,000 to £299,384 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 12 REDWALD CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The May 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 REDWALD CLOSE has not materially changed since May 2013.

How Large is 12 REDWALD CLOSE?

12 REDWALD CLOSE is 78m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% 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 REDWALD CLOSE lies on this distribution: 15% of detached houses houses are smaller than 12 REDWALD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Kempston.

12 REDWALD CLOSE: Plot and Title Map

12 REDWALD CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 12 REDWALD 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 REDWALD 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 REDWALD CLOSE?

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