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
34 MITRE CLOSE is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £300,000 in May 2021, which was around 37% below the average May 2021 detached price in the Bedford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 34 MITRE CLOSE since 1st 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. All of the three 34 MITRE 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 7 MAY | £300,000 | £473,694 | 37% below HPI |
2007 31 JUL | £229,000 | £309,870 | 26% below HPI |
2001 18 APR | £123,500 | £168,813 | 27% below HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The three 34 MITRE CLOSE sales between April 2001 and May 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 July 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
34 MITRE CLOSE is 90m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 34 MITRE CLOSE lies on this distribution: 16% of detached houses are smaller than 34 MITRE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bedford.
34 MITRE CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 34 MITRE 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 34 MITRE 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.
34 MITRE CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 34 on MITRE CLOSE.