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
7 RIPON CLOSE is a large extended detached house of 119m², built sometime between 1991 and 1995. It was last sold for £155,000 in June 2002, which was around 26% below the average June 2002 detached price in the Bedford local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 RIPON CLOSE since 1st 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 7 RIPON 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 |
---|---|---|---|
2002 20 JUN | £155,000 | £209,382 | 26% below HPI |
2000 17 NOV | £140,000 | £163,233 | 14% below HPI |
1995 28 JUN | £75,000 | £90,078 | 17% below HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The three 7 RIPON CLOSE sales between June 1995 and June 2002 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 November 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2002 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
7 RIPON CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 7 RIPON CLOSE lies on this distribution: 67% of detached houses are smaller than 7 RIPON CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Kempston.
7 RIPON CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 7 RIPON 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 7 RIPON 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.
7 RIPON CLOSE is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 7 on RIPON CLOSE.