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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 KNELLER CLOSE is a very small extended detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £342,580. It was last sold for £290,000 in January 2020, which was around 36% 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	£456,595	36% below HPI
2017 19 DEC	£265,000	£447,188	41% 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 5 KNELLER CLOSE be worth now?

5 KNELLER CLOSE might now be worth an estimated £342,580.

This is based on house price inflation of 18.1%, between January 2020 and February 2025, 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 18.1% inflationary increase is applied to the most recent sale price for 5 KNELLER CLOSE of £290,000 on 30th January 2020. For the value to have increased from £290,000 to £342,580 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 KNELLER CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The January 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KNELLER CLOSE has not materially changed since January 2020.

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 houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 5 KNELLER CLOSE lies on this distribution: 18% of detached houses 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.