2, FRANCIS GROVES CLOSE, BEDFORD, MK41 7DH - £162,950

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.

2 FRANCIS GROVES CLOSE is a small extended detached house of 111m², built sometime between 1991 and 1995, which could now be worth an estimated £585,857. It was last sold for £162,950 in May 2000, which was around 9% above the average May 2000 detached price in the Bedford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

2 FRANCIS GROVES CLOSE Sold Prices

Land registry data shows two sales for 2 FRANCIS GROVES 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 2 FRANCIS GROVES CLOSE sales were for above 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
2000 5 MAY	£162,950	£150,023	9% above HPI
1997 14 MAY	£109,000	£101,920	7% above HPI

2 FRANCIS GROVES 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 2 FRANCIS GROVES CLOSE sales from May 1997 and May 2000 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 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2000 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 FRANCIS GROVES CLOSE be worth now?

2 FRANCIS GROVES CLOSE might now be worth an estimated £585,857.

This is based on house price inflation of 259.5%, between May 2000 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 259.5% inflationary increase is applied to the most recent sale price for 2 FRANCIS GROVES CLOSE of £162,950 on 5th May 2000. For the value to have increased from £162,950 to £585,857 over the 25 years and three months to February 2025, the following assumptions must hold true:

• The value of 2 FRANCIS GROVES CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The May 2000 sale price of £162,950 represented a fair market value for the property.
• The size, condition, and specification of 2 FRANCIS GROVES CLOSE has not materially changed since May 2000.

How Large is 2 FRANCIS GROVES CLOSE?

2 FRANCIS GROVES CLOSE is 111m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 2 FRANCIS GROVES CLOSE lies on this distribution: 36% of detached houses houses are smaller than 2 FRANCIS GROVES CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bedford.

2 FRANCIS GROVES CLOSE: Plot and Title Map

2 FRANCIS GROVES CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 2 FRANCIS GROVES 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 2 FRANCIS GROVES 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 2 FRANCIS GROVES CLOSE?

2 FRANCIS GROVES CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 2 on FRANCIS GROVES CLOSE.