4, RESTORMEL CLOSE, BEDFORD, MK41 8PA - £472,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 RESTORMEL CLOSE is a large extended detached house of 158m², built sometime between 1967 and 1975. It was last sold for £472,500 in February 2019, which was around 2% above the average February 2019 detached price in the Bedford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

4 RESTORMEL CLOSE Sold Prices

Land registry data shows three sales for 4 RESTORMEL 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. Two of the three 4 RESTORMEL CLOSE sales were for above the average price, whilst one was 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
2019 14 FEB	£472,500	£465,370	2% above HPI
2014 19 SEP	£230,000	£342,805	33% below HPI
2000 1 JUL	£175,000	£161,329	8% above HPI

4 RESTORMEL 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 RESTORMEL CLOSE sales between July 2000 and February 2019 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 4 RESTORMEL CLOSE?

4 RESTORMEL CLOSE is 158m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 4 RESTORMEL CLOSE lies on this distribution: 73% of detached houses are smaller than 4 RESTORMEL CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bedford.

4 RESTORMEL CLOSE: Plot and Title Map

4 RESTORMEL CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 4 RESTORMEL 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 RESTORMEL 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 RESTORMEL CLOSE?

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