3, PEARMAIN CLOSE, BEDFORD, MK41 9NH - £312,500

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 PEARMAIN CLOSE is a small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £312,500 in September 2015, which was around 17% below the average September 2015 detached price in the Bedford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

3 PEARMAIN CLOSE Sold Prices

Land registry data shows two sales for 3 PEARMAIN 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 PEARMAIN 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 25 SEP	£312,500	£374,959	17% below HPI
2013 19 AUG	£250,000	£308,976	19% below HPI

3 PEARMAIN 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 PEARMAIN CLOSE sales from August 2013 and September 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 August 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2015 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 PEARMAIN CLOSE?

3 PEARMAIN CLOSE is 108m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% 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 PEARMAIN CLOSE lies on this distribution: 33% of detached houses are smaller than 3 PEARMAIN CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bedford.

3 PEARMAIN CLOSE: Plot and Title Map

3 PEARMAIN CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 3 PEARMAIN 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 PEARMAIN 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 PEARMAIN CLOSE?

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