3, COLES CLOSE, BEDFORD, MK41 9TW - £215,000

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 COLES CLOSE is a midsized detached house of 133m², built sometime between 1983 and 1990. It was last sold for £215,000 in December 2013, which was around 33% below the average December 2013 detached price in the Bedford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

3 COLES CLOSE Sold Prices

Land registry data shows four sales for 3 COLES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 3 COLES 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
2013 4 DEC	£215,000	£319,356	33% below HPI
2005 21 JAN	£214,000	£276,458	23% below HPI
2000 20 NOV	£115,950	£163,233	29% below HPI
1997 17 JAN	£80,000	£97,115	18% below HPI

3 COLES 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 four 3 COLES CLOSE sales between January 1997 and December 2013 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 January 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2013 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 COLES CLOSE?

3 COLES CLOSE is 133m² according to the EPC inspection conducted in May 2014. This puts it in the largest 50% 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 COLES CLOSE lies on this distribution: 58% of detached houses are smaller than 3 COLES CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 COLES CLOSE: Plot and Title Map

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

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