5, KNELLER CLOSE, BEDFORD, MK41 7LP - £290,000

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

5 KNELLER CLOSE is a very small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £290,000 in January 2020, which was around 38% below the average January 2020 detached price in the Bedford local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

5 KNELLER CLOSE Sold Prices

Land registry data shows two sales for 5 KNELLER 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 KNELLER 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
2020 30 JAN	£290,000	£466,593	38% below HPI
2017 19 DEC	£265,000	£456,980	42% below HPI

5 KNELLER 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 KNELLER CLOSE sales from December 2017 and January 2020 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 December 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 KNELLER CLOSE?

5 KNELLER CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 5 KNELLER CLOSE lies on this distribution: 19% of detached houses are smaller than 5 KNELLER CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bedford.

5 KNELLER CLOSE: Plot and Title Map

5 KNELLER CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 5 KNELLER 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 KNELLER 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 KNELLER CLOSE?

5 KNELLER CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 5 on KNELLER CLOSE.