2, KERRISON CLOSE, LIDLINGTON, BEDFORD, MK43 0UW - £385,000

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

2 KERRISON CLOSE is a midsized detached house of 127m², built sometime from 2007 onwards. It was last sold for £385,000 in February 2021, which was around 23% below the average February 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

2 KERRISON CLOSE Sold Prices

Land registry data shows two sales for 2 KERRISON 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 2 KERRISON 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
2021 10 FEB	£385,000	£497,370	23% below HPI
2007 23 AUG	£312,000	£336,363	7% below HPI

2 KERRISON 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 two 2 KERRISON CLOSE sales from August 2007 and February 2021 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 August 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 KERRISON CLOSE?

2 KERRISON CLOSE is 127m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Lidlington, based on EPC data. The below chart shows the distribution of detached houses by size in Lidlington, and where 2 KERRISON CLOSE lies on this distribution: 45% of detached houses are smaller than 2 KERRISON CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lidlington.

2 KERRISON CLOSE: Plot and Title Map

2 KERRISON CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 KERRISON 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 KERRISON 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 KERRISON CLOSE?

2 KERRISON CLOSE is located in LIDLINGTON, in the MK43 postcode district. The below map shows the position of No. 2 on KERRISON CLOSE.