42, GILBERT CLOSE, KEMPSTON, BEDFORD, MK42 8RN - £325,000

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

42 GILBERT CLOSE is a large extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £325,000 in September 2019, which was around 30% below the average September 2019 detached price in the Bedford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

42 GILBERT CLOSE Sold Prices

Land registry data shows two sales for 42 GILBERT 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 42 GILBERT 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
2019 6 SEP	£325,000	£462,259	30% below HPI
2005 24 MAR	£223,000	£277,474	20% below HPI

42 GILBERT 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 42 GILBERT CLOSE sales from March 2005 and September 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 March 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 42 GILBERT CLOSE?

42 GILBERT CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 42 GILBERT CLOSE lies on this distribution: 64% of detached houses are smaller than 42 GILBERT CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Kempston.

42 GILBERT CLOSE: Plot and Title Map

42 GILBERT CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 42 GILBERT 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 42 GILBERT 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 42 GILBERT CLOSE?

42 GILBERT CLOSE is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 42 on GILBERT CLOSE.