3, RAMILLIES CLOSE, KEMPSTON, BEDFORD, MK42 8SP - £272,500

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 RAMILLIES CLOSE is a midsized detached house of 99m², built sometime between 1976 and 1982. It was last sold for £272,500 in April 2017, which was around 40% below the average April 2017 detached price in the Bedford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

3 RAMILLIES CLOSE Sold Prices

Land registry data shows two sales for 3 RAMILLIES 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 RAMILLIES 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
2017 21 APR	£272,500	£450,697	40% below HPI
2002 24 MAY	£135,000	£206,194	35% below HPI

3 RAMILLIES 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 RAMILLIES CLOSE sales from May 2002 and April 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 May 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 RAMILLIES CLOSE?

3 RAMILLIES CLOSE is 99m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 3 RAMILLIES CLOSE lies on this distribution: 44% of detached houses are smaller than 3 RAMILLIES CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Kempston.

3 RAMILLIES CLOSE: Plot and Title Map

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

3 RAMILLIES CLOSE is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 3 on RAMILLIES CLOSE.