2, SHACKLETON CLOSE, SHORTSTOWN, BEDFORD, MK42 0FH - £405,000

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 SHACKLETON CLOSE is a midsized detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £424,893. It was last sold for £405,000 in May 2022, which was around 22% below the average May 2022 detached price in the Bedford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

2 SHACKLETON CLOSE Sold Prices

Land registry data shows five sales for 2 SHACKLETON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the five 2 SHACKLETON 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
2022 31 MAY	£405,000	£516,921	22% below HPI
2017 23 JUN	£300,000	£435,885	31% below HPI
2007 31 OCT	£230,000	£315,786	27% below HPI
2007 27 JUL	£200,000	£303,230	34% below HPI
2003 26 SEP	£187,995	£246,928	24% below HPI

2 SHACKLETON 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 five 2 SHACKLETON CLOSE sales between September 2003 and May 2022 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 June 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 SHACKLETON CLOSE be worth now?

2 SHACKLETON CLOSE might now be worth an estimated £424,893.

This is based on house price inflation of 4.9%, between May 2022 and December 2024, 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 4.9% inflationary increase is applied to the most recent sale price for 2 SHACKLETON CLOSE of £405,000 on 31st May 2022. For the value to have increased from £405,000 to £424,893 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 2 SHACKLETON CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The May 2022 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHACKLETON CLOSE has not materially changed since May 2022.

How Large is 2 SHACKLETON CLOSE?

2 SHACKLETON CLOSE is 113m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shortstown, and where 2 SHACKLETON CLOSE lies on this distribution: 50% of detached houses houses are smaller than 2 SHACKLETON CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Shortstown.

2 SHACKLETON CLOSE: Plot and Title Map

2 SHACKLETON CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 2 SHACKLETON 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 SHACKLETON 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 SHACKLETON CLOSE?

2 SHACKLETON CLOSE is located in SHORTSTOWN, in the MK42 postcode district. The below map shows the position of No. 2 on SHACKLETON CLOSE.