2, PEARTREE CLOSE, SHEFFORD, SG17 5JG - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PEARTREE CLOSE is a large extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £305,000 in January 2007, which was around 6% below the average January 2007 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

2 PEARTREE CLOSE Sold Prices

Land registry data shows two sales for 2 PEARTREE 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 PEARTREE 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
2007 16 JAN	£305,000	£324,981	6% below HPI
2002 30 JAN	£187,500	£210,586	11% below HPI

2 PEARTREE 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 PEARTREE CLOSE sales from January 2002 and January 2007 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 January 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2007 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 PEARTREE CLOSE be worth now?

2 PEARTREE CLOSE might now be worth an estimated £571,862.

This is based on house price inflation of 87.5%, between January 2007 and December 2024, 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 87.5% inflationary increase is applied to the most recent sale price for 2 PEARTREE CLOSE of £305,000 on 16th January 2007. For the value to have increased from £305,000 to £571,862 over the sixteen years and one month to December 2024, the following assumptions must hold true:

• The value of 2 PEARTREE CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The January 2007 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PEARTREE CLOSE has not materially changed since January 2007.

How Large is 2 PEARTREE CLOSE?

2 PEARTREE CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 40% of detached houses houses in Shefford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shefford, and where 2 PEARTREE CLOSE lies on this distribution: 61% of detached houses houses are smaller than 2 PEARTREE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Shefford.

2 PEARTREE CLOSE: Plot and Title Map

2 PEARTREE CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 2 PEARTREE 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 PEARTREE 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 PEARTREE CLOSE?

2 PEARTREE CLOSE is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 2 on PEARTREE CLOSE.