3, CHELTENHAM CLOSE, BEDFORD, MK41 8RL - £390,000

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 CHELTENHAM CLOSE is a very small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £390,000 in September 2020, which was around 17% below the average September 2020 detached price in the Bedford local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

3 CHELTENHAM CLOSE Sold Prices

Land registry data shows three sales for 3 CHELTENHAM CLOSE since 1^st 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. Two of the three 3 CHELTENHAM CLOSE sales were for below the average price, whilst one was 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 2 SEP	£390,000	£470,320	17% below HPI
2018 14 SEP	£425,000	£474,827	10% below HPI
1995 4 AUG	£112,500	£92,781	21% above HPI

3 CHELTENHAM 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 three 3 CHELTENHAM CLOSE sales between August 1995 and September 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 September 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 CHELTENHAM CLOSE?

3 CHELTENHAM CLOSE is 93m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 3 CHELTENHAM CLOSE lies on this distribution: 19% of detached houses are smaller than 3 CHELTENHAM CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 CHELTENHAM CLOSE: Plot and Title Map

3 CHELTENHAM CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 3 CHELTENHAM 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 CHELTENHAM 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 CHELTENHAM CLOSE?

3 CHELTENHAM CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 3 on CHELTENHAM CLOSE.