3, LOMBARDY CLOSE, BEDFORD, MK41 8BN - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 LOMBARDY CLOSE is a very small extended semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £294,049. It was last sold for £290,000 in September 2023, which was around 11% below the average September 2023 semi-detached price in the Bedford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

3 LOMBARDY CLOSE Sold Prices

Land registry data shows two sales for 3 LOMBARDY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bedford local authority area for the corresponding sale date. One of the two 3 LOMBARDY CLOSE sales was for below the average price, whilst the other was for above 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
2023 15 SEP	£290,000	£327,367	11% below HPI
2002 25 JUN	£134,950	£115,623	17% above HPI

3 LOMBARDY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bedford local authority area over time, sourced from the HPI. The two 3 LOMBARDY CLOSE sales from June 2002 and September 2023 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 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 LOMBARDY CLOSE be worth now?

3 LOMBARDY CLOSE might now be worth an estimated £294,049.

This is based on house price inflation of 1.4%, between September 2023 and February 2025, for semi-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 1.4% inflationary increase is applied to the most recent sale price for 3 LOMBARDY CLOSE of £290,000 on 15th September 2023. For the value to have increased from £290,000 to £294,049 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 LOMBARDY CLOSE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The September 2023 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOMBARDY CLOSE has not materially changed since September 2023.

How Large is 3 LOMBARDY CLOSE?

3 LOMBARDY CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of semi-detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bedford, and where 3 LOMBARDY CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 3 LOMBARDY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 LOMBARDY CLOSE: Plot and Title Map

3 LOMBARDY CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 LOMBARDY 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 LOMBARDY 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 LOMBARDY CLOSE?

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