3, BOWERS CLOSE, RISELEY, BEDFORD, MK44 1DP - £365,000

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

3 BOWERS CLOSE is a small extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £365,000 in August 2022, which was around 33% below the average August 2022 detached price in the Bedford local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

3 BOWERS CLOSE Sold Prices

Land registry data shows two sales for 3 BOWERS 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 3 BOWERS 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 19 AUG	£365,000	£545,017	33% below HPI
2000 2 MAY	£86,000	£153,308	44% below HPI

3 BOWERS 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 3 BOWERS CLOSE sales from May 2000 and August 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 May 2000 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 BOWERS CLOSE?

3 BOWERS CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Riseley, based on EPC data. The below chart shows the distribution of detached houses by size in Riseley, and where 3 BOWERS CLOSE lies on this distribution: 40% of detached houses are smaller than 3 BOWERS CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Riseley.

3 BOWERS CLOSE: Plot and Title Map

3 BOWERS CLOSE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 3 BOWERS 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 3 BOWERS 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 3 BOWERS CLOSE?

3 BOWERS CLOSE is located in RISELEY, in the MK44 postcode district. The below map shows the position of No. 3 on BOWERS CLOSE.