4, LOAK CLOSE, CLAPHAM, BEDFORD, MK41 6GQ - £435,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 LOAK CLOSE is a midsized detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £456,367. It was last sold for £435,000 in May 2022, which was around 16% below the average May 2022 detached price in the Bedford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

4 LOAK CLOSE Sold Prices

Land registry data shows four sales for 4 LOAK 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. Two of the four 4 LOAK CLOSE sales were for below the average price, whilst one was for above 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 27 MAY	£435,000	£516,921	16% below HPI
2009 22 DEC	£270,000	£275,734	2% below HPI
2005 24 NOV	£275,000	£274,181	Close to HPI
2003 26 FEB	£234,950	£231,005	2% above HPI

4 LOAK 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 4 LOAK CLOSE sales between February 2003 and May 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 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 LOAK CLOSE be worth now?

4 LOAK CLOSE might now be worth an estimated £456,367.

This is based on house price inflation of 4.9%, between May 2022 and December 2024, 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 4.9% inflationary increase is applied to the most recent sale price for 4 LOAK CLOSE of £435,000 on 27th May 2022. For the value to have increased from £435,000 to £456,367 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 4 LOAK CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The May 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LOAK CLOSE has not materially changed since May 2022.

How Large is 4 LOAK CLOSE?

4 LOAK CLOSE is 121m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses houses in Clapham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clapham, and where 4 LOAK CLOSE lies on this distribution: 51% of detached houses houses are smaller than 4 LOAK CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Clapham.

4 LOAK CLOSE: Plot and Title Map

4 LOAK CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 4 LOAK 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 LOAK 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 LOAK CLOSE?

4 LOAK CLOSE is located in CLAPHAM, in the MK41 postcode district. The below map shows the position of No. 4 on LOAK CLOSE.