5, WITHAM CLOSE, BEDFORD, MK41 7YT - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 WITHAM CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £340,000 in August 2024, which was around 38% below the average August 2024 detached price in the Bedford local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

5 WITHAM CLOSE Sold Prices

Land registry data shows four sales for 5 WITHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 5 WITHAM 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
2024 27 AUG	£340,000	£552,322	38% below HPI
2009 19 OCT	£185,000	£281,085	34% below HPI
2001 3 AUG	£108,000	£184,928	42% below HPI
1995 22 NOV	£60,000	£93,276	36% below HPI

5 WITHAM 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 four 5 WITHAM CLOSE sales between November 1995 and August 2024 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 October 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 WITHAM CLOSE?

5 WITHAM CLOSE is 73m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% 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 WITHAM CLOSE lies on this distribution: 4% of detached houses are smaller than 5 WITHAM CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bedford.

5 WITHAM CLOSE: Plot and Title Map

5 WITHAM CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 5 WITHAM 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 WITHAM 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 WITHAM CLOSE?

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