3, CHURNET CLOSE, BEDFORD, MK41 7ST - £240,000

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.

3 CHURNET CLOSE is a small detached house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £459,487. It was last sold for £240,000 in August 2006, which was around 15% below the average August 2006 detached price in the Bedford local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

3 CHURNET CLOSE Sold Prices

Land registry data shows two sales for 3 CHURNET 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 CHURNET 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
2006 30 AUG	£240,000	£281,730	15% below HPI
2001 8 JUN	£129,000	£171,566	25% below HPI

3 CHURNET 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 CHURNET CLOSE sales from June 2001 and August 2006 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 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2006 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 CHURNET CLOSE be worth now?

3 CHURNET CLOSE might now be worth an estimated £459,487.

This is based on house price inflation of 91.5%, between August 2006 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 91.5% inflationary increase is applied to the most recent sale price for 3 CHURNET CLOSE of £240,000 on 30th August 2006. For the value to have increased from £240,000 to £459,487 over the nineteen years and six months to February 2025, the following assumptions must hold true:

• The value of 3 CHURNET CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The August 2006 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHURNET CLOSE has not materially changed since August 2006.

How Large is 3 CHURNET CLOSE?

3 CHURNET CLOSE is 109m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 3 CHURNET CLOSE lies on this distribution: 33% of detached houses houses are smaller than 3 CHURNET CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 CHURNET CLOSE: Plot and Title Map

3 CHURNET CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 CHURNET 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 CHURNET 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 CHURNET CLOSE?

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