5, VICTOR CLOSE, SHORTSTOWN, BEDFORD, MK42 0FR - £319,000

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 VICTOR CLOSE is a large detached house of 120m², built sometime between 2003 and 2006. It was last sold for £319,000 in August 2017, which was around 30% below the average August 2017 detached price in the Bedford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

5 VICTOR CLOSE Sold Prices

Land registry data shows three sales for 5 VICTOR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 5 VICTOR 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
2017 7 AUG	£319,000	£457,018	30% below HPI
2006 5 MAY	£230,000	£280,672	18% below HPI
2004 29 JAN	£215,000	£257,559	17% below HPI

5 VICTOR 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 three 5 VICTOR CLOSE sales between January 2004 and August 2017 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 May 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 VICTOR CLOSE?

5 VICTOR CLOSE is 120m² according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses in Shortstown, based on EPC data. The below chart shows the distribution of detached houses by size in Shortstown, and where 5 VICTOR CLOSE lies on this distribution: 60% of detached houses are smaller than 5 VICTOR CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Shortstown.

5 VICTOR CLOSE: Plot and Title Map

5 VICTOR CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 VICTOR 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 VICTOR 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 VICTOR CLOSE?

5 VICTOR CLOSE is located in SHORTSTOWN, in the MK42 postcode district. The below map shows the position of No. 5 on VICTOR CLOSE.