3, HOGARTH CLOSE, BEDFORD, MK41 7NA - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 HOGARTH CLOSE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £180,000 in April 2015, which was around 50% below the average April 2015 detached price in the Bedford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

3 HOGARTH CLOSE Sold Prices

Land registry data shows two sales for 3 HOGARTH 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 HOGARTH 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
2015 1 APR	£180,000	£360,630	50% below HPI
1998 16 NOV	£68,000	£124,362	45% below HPI

3 HOGARTH 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 HOGARTH CLOSE sales from November 1998 and April 2015 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 November 1998 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2015 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 3 HOGARTH CLOSE?

3 HOGARTH CLOSE is 79m² according to the EPC inspection conducted in November 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 HOGARTH CLOSE lies on this distribution: 8% of detached houses are smaller than 3 HOGARTH CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 HOGARTH CLOSE: Plot and Title Map

3 HOGARTH CLOSE sits on a plot of roughly 0.046 of an acre, or 184m². The below map shows the location of 3 HOGARTH 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 HOGARTH 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 HOGARTH CLOSE?

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