8, CHELMER CLOSE, BEDFORD, MK41 7YD - £327,000

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.

8 CHELMER CLOSE is a very small extended semi-detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £325,941. It was last sold for £327,000 in December 2024, which was around 2% below the average December 2024 semi-detached price in the Bedford local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was C.

8 CHELMER CLOSE Sold Prices

Land registry data shows five sales for 8 CHELMER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Bedford local authority area for the corresponding sale date. Most of the five 8 CHELMER CLOSE sales 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
2024 6 DEC	£327,000	£333,016	2% below HPI
2005 16 JUN	£178,500	£165,120	8% above HPI
2002 24 JAN	£113,950	£103,428	10% above HPI
1999 15 JAN	£83,000	£68,457	21% above HPI
1996 7 JUN	£60,000	£51,718	16% above HPI

8 CHELMER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bedford local authority area over time, sourced from the HPI. The five 8 CHELMER CLOSE sales between June 1996 and December 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 June 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 8 CHELMER CLOSE be worth now?

8 CHELMER CLOSE might now be worth an estimated £325,941.

This is based on house price deflation of 0.3%, between December 2024 and February 2025, for semi-detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% deflationary decrease is applied to the most recent sale price for 8 CHELMER CLOSE of £327,000 on 6th December 2024. For the value to have decreased from £327,000 to £325,941 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 8 CHELMER CLOSE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The December 2024 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHELMER CLOSE has not materially changed since December 2024.

How Large is 8 CHELMER CLOSE?

8 CHELMER CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in November 2024. This puts it in the smallest 10% of semi-detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bedford, and where 8 CHELMER CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 8 CHELMER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bedford.

8 CHELMER CLOSE: Plot and Title Map

8 CHELMER CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 8 CHELMER 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 8 CHELMER 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 8 CHELMER CLOSE?

8 CHELMER CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 8 on CHELMER CLOSE.