3, MALMS CLOSE, KENSWORTH, DUNSTABLE, LU6 2NZ - £642,500

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 MALMS CLOSE is a large detached house of 151m², built sometime between 1991 and 1995, which could now be worth an estimated £787,221. It was last sold for £642,500 in July 2017, which was around 26% above the average July 2017 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

3 MALMS CLOSE Sold Prices

Land registry data shows four sales for 3 MALMS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 3 MALMS CLOSE sales were 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
2017 5 JUL	£642,500	£508,935	26% above HPI
2008 11 JUN	£370,000	£338,062	9% above HPI
2004 7 MAY	£435,000	£282,906	54% above HPI
1997 25 MAR	£209,500	£109,127	92% above HPI

3 MALMS 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 four 3 MALMS CLOSE sales between March 1997 and July 2017 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 2008 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 3 MALMS CLOSE be worth now?

3 MALMS CLOSE might now be worth an estimated £787,221.

This is based on house price inflation of 22.5%, between July 2017 and February 2025, 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 22.5% inflationary increase is applied to the most recent sale price for 3 MALMS CLOSE of £642,500 on 5th July 2017. For the value to have increased from £642,500 to £787,221 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 3 MALMS CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The July 2017 sale price of £642,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MALMS CLOSE has not materially changed since July 2017.

How Large is 3 MALMS CLOSE?

3 MALMS CLOSE is 151m² according to the EPC inspection conducted in June 2011. This puts it in the largest 30% of detached houses houses in Kensworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kensworth, and where 3 MALMS CLOSE lies on this distribution: 75% of detached houses houses are smaller than 3 MALMS CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Kensworth.

3 MALMS CLOSE: Plot and Title Map

3 MALMS CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 3 MALMS 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 MALMS 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 MALMS CLOSE?

3 MALMS CLOSE is located in KENSWORTH, in the LU6 postcode district. The below map shows the position of No. 3 on MALMS CLOSE.