16, RINGWOOD CLOSE, KEMPSTON, BEDFORD, MK42 8PE - £275,000

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 RINGWOOD CLOSE is a midsized extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £324,423. It was last sold for £275,000 in November 2019, which was around 40% below the average November 2019 detached price in the Bedford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

16 RINGWOOD CLOSE Sold Prices

Land registry data shows six sales for 16 RINGWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the six 16 RINGWOOD 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
2019 8 NOV	£275,000	£457,210	40% below HPI
2012 9 MAR	£177,000	£286,006	38% below HPI
2007 27 JUL	£188,000	£303,230	38% below HPI
2006 12 MAY	£172,500	£274,658	37% below HPI
2002 1 NOV	£143,500	£219,595	35% below HPI
1999 29 OCT	£74,000	£132,379	44% below HPI

16 RINGWOOD 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 six 16 RINGWOOD CLOSE sales between October 1999 and November 2019 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 March 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 16 RINGWOOD CLOSE be worth now?

16 RINGWOOD CLOSE might now be worth an estimated £324,423.

This is based on house price inflation of 18%, between November 2019 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 18% inflationary increase is applied to the most recent sale price for 16 RINGWOOD CLOSE of £275,000 on 8th November 2019. For the value to have increased from £275,000 to £324,423 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 RINGWOOD CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The November 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RINGWOOD CLOSE has not materially changed since November 2019.

How Large is 16 RINGWOOD CLOSE?

16 RINGWOOD CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% 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 16 RINGWOOD CLOSE lies on this distribution: 42% of detached houses houses are smaller than 16 RINGWOOD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Kempston.

16 RINGWOOD CLOSE: Plot and Title Map

16 RINGWOOD CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 16 RINGWOOD 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 RINGWOOD 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 RINGWOOD CLOSE?

16 RINGWOOD CLOSE is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 16 on RINGWOOD CLOSE.