3, FURNESS CLOSE, BEDFORD, MK41 8RN - £300,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 FURNESS CLOSE is a very small detached house of 42m², built sometime between 1983 and 1990. It was last sold for £300,000 in October 2020, which was around 36% below the average October 2020 detached price in the Bedford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

3 FURNESS CLOSE Sold Prices

Land registry data shows two sales for 3 FURNESS 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 FURNESS 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
2020 14 OCT	£300,000	£472,062	36% below HPI
2017 13 FEB	£269,950	£440,471	39% below HPI

3 FURNESS 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 FURNESS CLOSE sales from February 2017 and October 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 February 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 FURNESS CLOSE?

3 FURNESS CLOSE is 42m² according to the EPC inspection conducted in September 2016. 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 FURNESS CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 3 FURNESS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 FURNESS CLOSE: Plot and Title Map

3 FURNESS CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 3 FURNESS 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 FURNESS 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 FURNESS CLOSE?

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