4, GARNITH CLOSE, KEMPSTON, BEDFORD, MK42 8DX - £265,000

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

4 GARNITH CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £265,000 in February 2022, which was around 49% below the average February 2022 detached price in the Bedford local authority area. The most recent EPC inspection was August 2010, where the current energy rating was F, and the potential energy rating was E.

4 GARNITH CLOSE Sold Prices

Land registry data shows three sales for 4 GARNITH CLOSE since 1^st 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 4 GARNITH 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
2022 24 FEB	£265,000	£519,812	49% below HPI
2010 3 DEC	£185,000	£295,021	37% below HPI
2004 8 APR	£185,000	£254,872	27% below HPI

4 GARNITH 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 three 4 GARNITH CLOSE sales between April 2004 and February 2022 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 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2022 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 4 GARNITH CLOSE?

4 GARNITH CLOSE is 66m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 4 GARNITH CLOSE lies on this distribution: 6% of detached houses are smaller than 4 GARNITH CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Kempston.

4 GARNITH CLOSE: Plot and Title Map

4 GARNITH CLOSE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 4 GARNITH 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 4 GARNITH 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 4 GARNITH CLOSE?

4 GARNITH CLOSE is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 4 on GARNITH CLOSE.