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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3A MAGNOLIA CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £199,950 in August 2014, which was around 41% 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	£338,646	41% below HPI
1995 15 SEP	£60,000	£95,121	37% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2014 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

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 in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 3A MAGNOLIA CLOSE lies on this distribution: 13% of detached 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.