3, THE CHASE, KEMPSTON, BEDFORD, MK43 9HN - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 THE CHASE is a small detached house of 132m², built sometime between 1991 and 1995. It was last sold for £265,000 in August 2015, which was around 28% below the average August 2015 detached price in the Bedford local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

3 THE CHASE Sold Prices

Land registry data shows two sales for 3 THE CHASE 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. One of the two 3 THE CHASE sales was for below the average price, whilst the other was roughly equal to 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 14 AUG	£265,000	£369,824	28% below HPI
2007 10 JUL	£311,000	£309,870	Close to HPI

3 THE CHASE 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 THE CHASE sales from July 2007 and August 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 July 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 THE CHASE?

3 THE CHASE is 132m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% of detached houses in Gibraltar, based on EPC data. The below chart shows the distribution of detached houses by size in Gibraltar, and where 3 THE CHASE lies on this distribution: 23% of detached houses are smaller than 3 THE CHASE, and 77% of houses are larger. Note that EPC data is not available for all properties in Gibraltar.

3 THE CHASE: Plot and Title Map

3 THE CHASE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 3 THE CHASE, 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 THE CHASE). 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 THE CHASE?

3 THE CHASE is located in KEMPSTON, in the MK43 postcode district. The below map shows the position of No. 3 on THE CHASE.