3, IVEL CLOSE, LANGFORD, BIGGLESWADE, SG18 9RW - £295,000

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 IVEL CLOSE is a very small extended detached house of 85m², built sometime between 1983 and 1990. It was last sold for £295,000 in August 2015, which was around 28% below the average August 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

3 IVEL CLOSE Sold Prices

Land registry data shows two sales for 3 IVEL 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 3 IVEL 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 24 AUG	£295,000	£412,349	28% below HPI
1998 1 MAY	£110,000	£130,953	16% below HPI

3 IVEL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 3 IVEL CLOSE sales from May 1998 and August 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 May 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 IVEL CLOSE be worth now?

3 IVEL CLOSE might now be worth an estimated £435,919.

This is based on house price inflation of 47.8%, between August 2015 and December 2024, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.8% inflationary increase is applied to the most recent sale price for 3 IVEL CLOSE of £295,000 on 24th August 2015. For the value to have increased from £295,000 to £435,919 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 IVEL CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The August 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 IVEL CLOSE has not materially changed since August 2015.

How Large is 3 IVEL CLOSE?

3 IVEL CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses houses in Langford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langford, and where 3 IVEL CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 IVEL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Langford.

3 IVEL CLOSE: Plot and Title Map

3 IVEL CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 3 IVEL 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 IVEL 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 IVEL CLOSE?

3 IVEL CLOSE is located in LANGFORD, in the SG18 postcode district. The below map shows the position of No. 3 on IVEL CLOSE.