15, FURNESS CLOSE, BEDFORD, MK41 8RN - £295,000

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

15 FURNESS CLOSE is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £295,000 in May 2015, which was around 19% below the average May 2015 detached price in the Bedford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

15 FURNESS CLOSE Sold Prices

Land registry data shows two sales for 15 FURNESS 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 15 FURNESS 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
2015 22 MAY	£295,000	£362,626	19% below HPI
1996 3 MAY	£83,000	£91,605	9% below HPI

15 FURNESS 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 15 FURNESS CLOSE sales from May 1996 and May 2015 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 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 FURNESS CLOSE?

15 FURNESS CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 15 FURNESS CLOSE lies on this distribution: 46% of detached houses are smaller than 15 FURNESS CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bedford.

15 FURNESS CLOSE: Plot and Title Map

15 FURNESS CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 15 FURNESS 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 15 FURNESS 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 15 FURNESS CLOSE?

15 FURNESS CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 15 on FURNESS CLOSE.