16, POUND CLOSE, BLUNHAM, BEDFORD, MK44 3NR - £307,000

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.

16 POUND CLOSE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £366,669. It was last sold for £307,000 in February 2018, which was around 41% below the average February 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

16 POUND CLOSE Sold Prices

Land registry data shows three sales for 16 POUND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 16 POUND 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
2018 23 FEB	£307,000	£522,095	41% below HPI
2015 29 OCT	£285,000	£429,127	34% below HPI
2012 14 DEC	£170,000	£324,712	48% below HPI

16 POUND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 16 POUND CLOSE sales between December 2012 and February 2018 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 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 16 POUND CLOSE be worth now?

16 POUND CLOSE might now be worth an estimated £366,669.

This is based on house price inflation of 19.4%, between February 2018 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 16 POUND CLOSE of £307,000 on 23rd February 2018. For the value to have increased from £307,000 to £366,669 over the seven years to February 2025, the following assumptions must hold true:

• The value of 16 POUND CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The February 2018 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 16 POUND CLOSE has not materially changed since February 2018.

How Large is 16 POUND CLOSE?

16 POUND CLOSE is 77m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses houses in Blunham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blunham, and where 16 POUND CLOSE lies on this distribution: 4% of detached houses houses are smaller than 16 POUND CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Blunham.

16 POUND CLOSE: Plot and Title Map

16 POUND CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 16 POUND 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 POUND 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 POUND CLOSE?

16 POUND CLOSE is located in BLUNHAM, in the MK44 postcode district. The below map shows the position of No. 16 on POUND CLOSE.