3A, MAGNOLIA CLOSE, KEMPSTON, BEDFORD, MK42 7RZ - £199,950

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.

3A MAGNOLIA CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £325,444. It was last sold for £199,950 in August 2014, which was around 40% below the average August 2014 detached price in the Bedford local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3A MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 3A MAGNOLIA 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 3A MAGNOLIA 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
2014 12 AUG	£199,950	£331,390	40% below HPI
1995 15 SEP	£60,000	£93,083	36% below HPI

3A MAGNOLIA 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 3A MAGNOLIA CLOSE sales from September 1995 and August 2014 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 September 1995 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 3A MAGNOLIA CLOSE be worth now?

3A MAGNOLIA CLOSE might now be worth an estimated £325,444.

This is based on house price inflation of 62.8%, between August 2014 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 62.8% inflationary increase is applied to the most recent sale price for 3A MAGNOLIA CLOSE of £199,950 on 12th August 2014. For the value to have increased from £199,950 to £325,444 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 3A MAGNOLIA CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The August 2014 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 3A MAGNOLIA CLOSE has not materially changed since August 2014.

How Large is 3A MAGNOLIA CLOSE?

3A MAGNOLIA CLOSE is 76m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kempston, and where 3A MAGNOLIA CLOSE lies on this distribution: 13% of detached houses houses are smaller than 3A MAGNOLIA CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Kempston.

3A MAGNOLIA CLOSE: Plot and Title Map

3A MAGNOLIA CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3A MAGNOLIA 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 3A MAGNOLIA 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 3A MAGNOLIA CLOSE?

3A MAGNOLIA CLOSE is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 3A on MAGNOLIA CLOSE.