31, FRANCIS GROVES CLOSE, BEDFORD, MK41 7DH - £445,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 FRANCIS GROVES CLOSE is a large detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £536,695. It was last sold for £445,000 in August 2017, which was about the average August 2017 detached price in the Bedford local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

31 FRANCIS GROVES CLOSE Sold Prices

Land registry data shows three sales for 31 FRANCIS GROVES 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. The three 31 FRANCIS GROVES CLOSE sales were a mix of roughly equal to the average price, and 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
2017 30 AUG	£445,000	£447,226	Close to HPI
2009 3 APR	£297,000	£250,949	18% above HPI
1996 8 NOV	£124,995	£94,839	32% above HPI

31 FRANCIS GROVES 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 31 FRANCIS GROVES CLOSE sales between November 1996 and August 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 April 2009 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 31 FRANCIS GROVES CLOSE be worth now?

31 FRANCIS GROVES CLOSE might now be worth an estimated £536,695.

This is based on house price inflation of 20.6%, between August 2017 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 31 FRANCIS GROVES CLOSE of £445,000 on 30th August 2017. For the value to have increased from £445,000 to £536,695 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 31 FRANCIS GROVES CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The August 2017 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FRANCIS GROVES CLOSE has not materially changed since August 2017.

How Large is 31 FRANCIS GROVES CLOSE?

31 FRANCIS GROVES CLOSE is 141m² according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 31 FRANCIS GROVES CLOSE lies on this distribution: 64% of detached houses houses are smaller than 31 FRANCIS GROVES CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bedford.

31 FRANCIS GROVES CLOSE: Plot and Title Map

31 FRANCIS GROVES CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 31 FRANCIS GROVES 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 FRANCIS GROVES 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 FRANCIS GROVES CLOSE?

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