38, FRANCIS GROVES CLOSE, BEDFORD, MK41 7DH - £220,000

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

38 FRANCIS GROVES CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £220,000 in July 2013, which was around 28% below the average July 2013 detached price in the Bedford local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

38 FRANCIS GROVES CLOSE Sold Prices

Land registry data shows two sales for 38 FRANCIS GROVES 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 38 FRANCIS GROVES 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
2013 19 JUL	£220,000	£307,556	28% below HPI
1996 17 DEC	£90,000	£98,064	8% below HPI

38 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 two 38 FRANCIS GROVES CLOSE sales from December 1996 and July 2013 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 December 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2013 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 38 FRANCIS GROVES CLOSE?

38 FRANCIS GROVES CLOSE is 73m² according to the EPC inspection conducted in September 2018. 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 38 FRANCIS GROVES CLOSE lies on this distribution: 4% of detached houses are smaller than 38 FRANCIS GROVES CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bedford.

38 FRANCIS GROVES CLOSE: Plot and Title Map

38 FRANCIS GROVES CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 38 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 38 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 38 FRANCIS GROVES CLOSE?

38 FRANCIS GROVES CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 38 on FRANCIS GROVES CLOSE.