16, MAYHEW CLOSE, BROMHAM, BEDFORD, MK43 8PW - £345,000

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

16 MAYHEW CLOSE is a very small extended detached house of 91m², built sometime between 1991 and 1995. It was last sold for £345,000 in March 2017, which was around 23% below the average March 2017 detached price in the Bedford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

16 MAYHEW CLOSE Sold Prices

Land registry data shows two sales for 16 MAYHEW 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 16 MAYHEW 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
2017 24 MAR	£345,000	£446,925	23% below HPI
2016 19 DEC	£365,000	£440,387	17% below HPI

16 MAYHEW 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 16 MAYHEW CLOSE sales from December 2016 and March 2017 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 December 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16 MAYHEW CLOSE?

16 MAYHEW CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Bromham, based on EPC data. The below chart shows the distribution of detached houses by size in Bromham, and where 16 MAYHEW CLOSE lies on this distribution: 16% of detached houses are smaller than 16 MAYHEW CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bromham.

16 MAYHEW CLOSE: Plot and Title Map

16 MAYHEW CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 16 MAYHEW 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 16 MAYHEW 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 16 MAYHEW CLOSE?

16 MAYHEW CLOSE is located in BROMHAM, in the MK43 postcode district. The below map shows the position of No. 16 on MAYHEW CLOSE.