2, TEST CLOSE, BEDFORD, MK41 7SY - £505,000

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.

2 TEST CLOSE is a large extended detached house of 157m², built sometime between 1983 and 1990, which could now be worth an estimated £588,946. It was last sold for £505,000 in December 2020, which was around 9% above the average December 2020 detached price in the Bedford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

2 TEST CLOSE Sold Prices

Land registry data shows two sales for 2 TEST 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 TEST 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
2020 17 DEC	£505,000	£462,499	9% above HPI
2006 17 NOV	£300,000	£292,125	3% above HPI

2 TEST 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 TEST CLOSE sales from November 2006 and December 2020 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 November 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 TEST CLOSE be worth now?

2 TEST CLOSE might now be worth an estimated £588,946.

This is based on house price inflation of 16.6%, between December 2020 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 16.6% inflationary increase is applied to the most recent sale price for 2 TEST CLOSE of £505,000 on 17th December 2020. For the value to have increased from £505,000 to £588,946 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 TEST CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The December 2020 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TEST CLOSE has not materially changed since December 2020.

How Large is 2 TEST CLOSE?

2 TEST CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% 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 TEST CLOSE lies on this distribution: 72% of detached houses houses are smaller than 2 TEST CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Bedford.

2 TEST CLOSE: Plot and Title Map

2 TEST CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 2 TEST 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 TEST 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 TEST CLOSE?

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