5, GEORGE CLOSE, STEWARTBY, BEDFORD, MK43 9GP - £480,000

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

5 GEORGE CLOSE is a large detached house of 146m², which could now be worth an estimated £492,196. It was last sold for £480,000 in June 2023, which was around 9% below the average June 2023 detached price in the Bedford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was B.

5 GEORGE CLOSE Sold Prices

Land registry data shows two sales for 5 GEORGE 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 GEORGE 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
2023 14 JUN	£480,000	£528,874	9% below HPI
2018 23 MAR	£399,995	£451,588	11% below HPI

5 GEORGE 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 GEORGE CLOSE sales from March 2018 and June 2023 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 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 5 GEORGE CLOSE be worth now?

5 GEORGE CLOSE might now be worth an estimated £492,196.

This is based on house price inflation of 2.5%, between June 2023 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 2.5% inflationary increase is applied to the most recent sale price for 5 GEORGE CLOSE of £480,000 on 14th June 2023. For the value to have increased from £480,000 to £492,196 over the six months to December 2024, the following assumptions must hold true:

• The value of 5 GEORGE CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The June 2023 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GEORGE CLOSE has not materially changed since June 2023.

How Large is 5 GEORGE CLOSE?

5 GEORGE CLOSE is 146m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses houses in Stewartby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stewartby, and where 5 GEORGE CLOSE lies on this distribution: 78% of detached houses houses are smaller than 5 GEORGE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Stewartby.

5 GEORGE CLOSE: Plot and Title Map

5 GEORGE CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 5 GEORGE 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 GEORGE 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 GEORGE CLOSE?

5 GEORGE CLOSE is located in STEWARTBY, in the MK43 postcode district. The below map shows the position of No. 5 on GEORGE CLOSE.