3, EMBLA CLOSE, BEDFORD, MK41 0WR - £362,500

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 EMBLA CLOSE is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £362,500 in February 2024, which was around 34% below the average February 2024 detached price in the Bedford local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

3 EMBLA CLOSE Sold Prices

Land registry data shows three sales for 3 EMBLA 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. All of the three 3 EMBLA 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
2024 23 FEB	£362,500	£545,438	34% below HPI
2021 1 JUN	£296,000	£476,182	38% below HPI
2004 31 MAR	£187,950	£258,783	27% below HPI

3 EMBLA 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 EMBLA CLOSE sales between March 2004 and February 2024 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 2021 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2024 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 EMBLA CLOSE?

3 EMBLA CLOSE is 80m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% 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 EMBLA CLOSE lies on this distribution: 8% of detached houses are smaller than 3 EMBLA CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 EMBLA CLOSE: Plot and Title Map

3 EMBLA CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 3 EMBLA 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 EMBLA 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 EMBLA CLOSE?

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