31, CHELMER CLOSE, BEDFORD, MK41 7YD - £292,500

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

31 CHELMER CLOSE is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £292,500 in April 2021, which was around 38% below the average April 2021 detached price in the Bedford local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

31 CHELMER CLOSE Sold Prices

Land registry data shows two sales for 31 CHELMER 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 31 CHELMER 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
2021 15 APR	£292,500	£473,068	38% below HPI
2013 22 JAN	£168,000	£305,385	45% below HPI

31 CHELMER 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 31 CHELMER CLOSE sales from January 2013 and April 2021 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 January 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 31 CHELMER CLOSE?

31 CHELMER CLOSE is 80m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 31 CHELMER CLOSE lies on this distribution: 8% of detached houses are smaller than 31 CHELMER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bedford.

31 CHELMER CLOSE: Plot and Title Map

31 CHELMER CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 31 CHELMER 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 31 CHELMER 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 31 CHELMER CLOSE?

31 CHELMER CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 31 on CHELMER CLOSE.