4, GREGORY CLOSE, MEPPERSHALL, SHEFFORD, SG17 5GA - £420,000

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.

4 GREGORY CLOSE is a midsized extended detached house of 129m², built sometime between 2003 and 2006, which could now be worth an estimated £515,000. It was last sold for £420,000 in August 2017, which was around 17% below the average August 2017 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

4 GREGORY CLOSE Sold Prices

Land registry data shows two sales for 4 GREGORY 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 4 GREGORY 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
2017 30 AUG	£420,000	£508,543	17% below HPI
2003 6 JUN	£259,000	£275,489	6% below HPI

4 GREGORY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 4 GREGORY CLOSE sales from June 2003 and August 2017 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 June 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 4 GREGORY CLOSE be worth now?

4 GREGORY CLOSE might now be worth an estimated £515,000.

This is based on house price inflation of 22.6%, between August 2017 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.6% inflationary increase is applied to the most recent sale price for 4 GREGORY CLOSE of £420,000 on 30th August 2017. For the value to have increased from £420,000 to £515,000 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 4 GREGORY CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The August 2017 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GREGORY CLOSE has not materially changed since August 2017.

How Large is 4 GREGORY CLOSE?

4 GREGORY CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses houses in Meppershall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Meppershall, and where 4 GREGORY CLOSE lies on this distribution: 49% of detached houses houses are smaller than 4 GREGORY CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Meppershall.

4 GREGORY CLOSE: Plot and Title Map

4 GREGORY CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 4 GREGORY 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 GREGORY 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 GREGORY CLOSE?

4 GREGORY CLOSE is located in MEPPERSHALL, in the SG17 postcode district. The below map shows the position of No. 4 on GREGORY CLOSE.