5, BOWERS CLOSE, RISELEY, BEDFORD, MK44 1DP - £176,500

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

5 BOWERS CLOSE is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £176,500 in June 2006, which was around 37% below the average June 2006 detached price in the Bedford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was B.

5 BOWERS CLOSE Sold Prices

Land registry data shows two sales for 5 BOWERS 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 5 BOWERS 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 16 JUN	£176,500	£282,159	37% below HPI
1997 9 OCT	£78,500	£108,496	28% below HPI

5 BOWERS 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 5 BOWERS CLOSE sales from October 1997 and June 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 October 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2006 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 BOWERS CLOSE?

5 BOWERS CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Riseley, based on EPC data. The below chart shows the distribution of detached houses by size in Riseley, and where 5 BOWERS CLOSE lies on this distribution: 29% of detached houses are smaller than 5 BOWERS CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Riseley.

5 BOWERS CLOSE: Plot and Title Map

5 BOWERS CLOSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 5 BOWERS 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 5 BOWERS 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 5 BOWERS CLOSE?

5 BOWERS CLOSE is located in RISELEY, in the MK44 postcode district. The below map shows the position of No. 5 on BOWERS CLOSE.