Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
22 ELGER CLOSE is a very large extended detached house of 376m², built sometime between 1930 and 1949. It was last sold for £945,000 in April 2024, which was around 75% above the average April 2024 detached price in the Bedford local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 22 ELGER CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 22 ELGER 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 |
---|---|---|---|
2024 8 APR | £945,000 | £540,888 | 75% above HPI |
2016 1 JUN | £450,000 | £414,609 | 9% above HPI |
2009 1 MAY | £306,000 | £261,015 | 17% above HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The three 22 ELGER CLOSE sales between May 2009 and April 2024 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 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2024 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.
22 ELGER CLOSE is 376m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 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 22 ELGER CLOSE lies on this distribution: 99% of detached houses are smaller than 22 ELGER CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Bedford.
22 ELGER CLOSE sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of 22 ELGER 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 22 ELGER 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.
22 ELGER CLOSE is located in BIDDENHAM, in the MK40 postcode district. The below map shows the position of No. 22 on ELGER CLOSE.