40, VICTOR CLOSE, SHORTSTOWN, BEDFORD, MK42 0FS - £138,000

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

40 VICTOR CLOSE is a very small extended detached house of 76m², built sometime between 2003 and 2006. It was last sold for £138,000 in March 2006, which was around 50% below the average March 2006 detached price in the Bedford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

40 VICTOR CLOSE Sold Prices

Land registry data shows two sales for 40 VICTOR 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 40 VICTOR 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
2006 31 MAR	£138,000	£276,554	50% below HPI
2004 25 JUN	£137,950	£262,460	47% below HPI

40 VICTOR 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 40 VICTOR CLOSE sales from June 2004 and March 2006 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 2004 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2006 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 40 VICTOR CLOSE?

40 VICTOR CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses by size in Shortstown, and where 40 VICTOR CLOSE lies on this distribution: 4% of detached houses are smaller than 40 VICTOR CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Shortstown.

40 VICTOR CLOSE: Plot and Title Map

40 VICTOR CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 40 VICTOR 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 40 VICTOR 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 40 VICTOR CLOSE?

40 VICTOR CLOSE is located in SHORTSTOWN, in the MK42 postcode district. The below map shows the position of No. 40 on VICTOR CLOSE.