21, ORWELL CLOSE, BEDFORD, MK41 7BQ - £262,500

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

21 ORWELL CLOSE is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £262,500 in February 2021, which was around 45% below the average February 2021 detached price in the Bedford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

21 ORWELL CLOSE Sold Prices

Land registry data shows two sales for 21 ORWELL 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 21 ORWELL 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 18 FEB	£262,500	£473,476	45% below HPI
2019 26 FEB	£270,000	£465,370	42% below HPI

21 ORWELL 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 21 ORWELL CLOSE sales from February 2019 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 February 2019 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 21 ORWELL CLOSE?

21 ORWELL CLOSE is 59m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 21 ORWELL CLOSE lies on this distribution: 1% of detached houses are smaller than 21 ORWELL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bedford.

21 ORWELL CLOSE: Plot and Title Map

21 ORWELL CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 21 ORWELL 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 21 ORWELL 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 21 ORWELL CLOSE?

21 ORWELL CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 21 on ORWELL CLOSE.