7, THE CLOISTERS, BEDFORD, MK41 0SP - £338,000

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

7 THE CLOISTERS is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £338,000 in December 2023, which was around 37% below the average December 2023 detached price in the Bedford local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

7 THE CLOISTERS Sold Prices

Land registry data shows three sales for 7 THE CLOISTERS 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 7 THE CLOISTERS 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
2023 15 DEC	£338,000	£539,939	37% below HPI
2004 27 FEB	£189,950	£256,012	26% below HPI
2002 23 MAY	£60,000	£206,194	71% below HPI

7 THE CLOISTERS 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 7 THE CLOISTERS sales between May 2002 and December 2023 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 February 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 7 THE CLOISTERS?

7 THE CLOISTERS is 100m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 7 THE CLOISTERS lies on this distribution: 26% of detached houses are smaller than 7 THE CLOISTERS, and 74% of houses are larger. Note that EPC data is not available for all properties in Bedford.

7 THE CLOISTERS: Plot and Title Map

7 THE CLOISTERS sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 7 THE CLOISTERS, 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 THE CLOISTERS). 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 7 THE CLOISTERS?

7 THE CLOISTERS is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 7 on THE CLOISTERS.