38, PORTLAND CLOSE, BEDFORD, MK41 9NF - £362,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

38 PORTLAND CLOSE is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £362,500 in December 2020, which was around 23% below the average December 2020 detached price in the Bedford local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

38 PORTLAND CLOSE Sold Prices

Land registry data shows four sales for 38 PORTLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 38 PORTLAND 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
2020 2 DEC	£362,500	£472,626	23% below HPI
2019 20 AUG	£267,500	£459,738	42% below HPI
1999 17 AUG	£96,950	£134,068	28% below HPI
1995 10 MAR	£68,500	£95,032	28% below HPI

38 PORTLAND 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 four 38 PORTLAND CLOSE sales between March 1995 and December 2020 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 August 2019 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 38 PORTLAND CLOSE?

38 PORTLAND CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in November 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 38 PORTLAND CLOSE lies on this distribution: 19% of detached houses are smaller than 38 PORTLAND CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bedford.

38 PORTLAND CLOSE: Plot and Title Map

38 PORTLAND CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 38 PORTLAND 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 PORTLAND 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 PORTLAND CLOSE?

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