5, MALMS CLOSE, KENSWORTH, DUNSTABLE, LU6 2NZ - £438,000

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 MALMS CLOSE is a midsized detached house of 112m², built sometime between 1991 and 1995, which could now be worth an estimated £528,129. It was last sold for £438,000 in December 2020, which was around 15% below the average December 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

5 MALMS CLOSE Sold Prices

Land registry data shows six sales for 5 MALMS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. three of the six 5 MALMS CLOSE sales were for below the average price, and six were for above 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 18 DEC	£438,000	£517,154	15% below HPI
2018 1 JUN	£420,000	£512,218	18% below HPI
2017 25 AUG	£425,000	£508,543	16% below HPI
2002 12 SEP	£249,950	£247,406	1% above HPI
1999 25 MAR	£177,000	£138,562	28% above HPI
1996 18 NOV	£127,000	£106,270	20% above HPI

5 MALMS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The six 5 MALMS CLOSE sales between November 1996 and December 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 June 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 MALMS CLOSE be worth now?

5 MALMS CLOSE might now be worth an estimated £528,129.

This is based on house price inflation of 20.6%, between December 2020 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 5 MALMS CLOSE of £438,000 on 18th December 2020. For the value to have increased from £438,000 to £528,129 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 MALMS CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The December 2020 sale price of £438,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MALMS CLOSE has not materially changed since December 2020.

How Large is 5 MALMS CLOSE?

5 MALMS CLOSE is 112m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses houses in Kensworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kensworth, and where 5 MALMS CLOSE lies on this distribution: 48% of detached houses houses are smaller than 5 MALMS CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Kensworth.

5 MALMS CLOSE: Plot and Title Map

5 MALMS CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 5 MALMS 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 MALMS 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 MALMS CLOSE?

5 MALMS CLOSE is located in KENSWORTH, in the LU6 postcode district. The below map shows the position of No. 5 on MALMS CLOSE.