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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 COLES CLOSE is a midsized detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £371,078. It was last sold for £215,000 in December 2013, which was around 31% 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	£312,513	31% below HPI
2005 21 JAN	£214,000	£270,535	21% below HPI
2000 20 NOV	£115,950	£159,735	27% below HPI
1997 17 JAN	£80,000	£95,035	16% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 COLES CLOSE be worth now?

3 COLES CLOSE might now be worth an estimated £371,078.

This is based on house price inflation of 72.6%, between December 2013 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 72.6% inflationary increase is applied to the most recent sale price for 3 COLES CLOSE of £215,000 on 4th December 2013. For the value to have increased from £215,000 to £371,078 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 COLES CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The December 2013 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COLES CLOSE has not materially changed since December 2013.

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 houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 3 COLES CLOSE lies on this distribution: 58% of detached houses houses are smaller than 3 COLES CLOSE, and 42% 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.