3, MITRE CLOSE, BEDFORD, MK41 0SR - £215,500

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 MITRE CLOSE is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £215,500 in June 2007, which was around 29% below the average June 2007 detached price in the Bedford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

3 MITRE CLOSE Sold Prices

Land registry data shows two sales for 3 MITRE 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 MITRE 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
2007 1 JUN	£215,500	£303,099	29% below HPI
2002 20 FEB	£141,000	£193,893	27% below HPI

3 MITRE 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 MITRE CLOSE sales from February 2002 and June 2007 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2007 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 MITRE CLOSE?

3 MITRE CLOSE is 90m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% 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 MITRE CLOSE lies on this distribution: 18% of detached houses are smaller than 3 MITRE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 MITRE CLOSE: Plot and Title Map

3 MITRE CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 MITRE 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 MITRE 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 MITRE CLOSE?

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