3, ORCHARD CLOSE, BEDFORD, MK41 9AU - £875,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 ORCHARD CLOSE is a very large extended detached house of 215m², built sometime between 1983 and 1990. It was last sold for £875,000 in October 2022, which was around 56% above the average October 2022 detached price in the Bedford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

3 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 3 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 3 ORCHARD 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
2022 14 OCT	£875,000	£562,292	56% above HPI
2007 15 NOV	£485,000	£326,343	49% above HPI
1996 6 DEC	£192,500	£98,064	96% above HPI

3 ORCHARD 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 three 3 ORCHARD CLOSE sales between December 1996 and October 2022 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 2007 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the October 2022 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 3 ORCHARD CLOSE?

3 ORCHARD CLOSE is 215m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 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 ORCHARD CLOSE lies on this distribution: 89% of detached houses are smaller than 3 ORCHARD CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 ORCHARD CLOSE: Plot and Title Map

3 ORCHARD CLOSE sits on a plot of roughly 0.308 of an acre, or 1,248m². The below map shows the location of 3 ORCHARD 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 ORCHARD 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 ORCHARD CLOSE?

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