8, GRIEG CLOSE, SHEFFORD, SG17 5SE - £475,000

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

8 GRIEG CLOSE is a small extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £475,000 in August 2023, which was around 15% below the average August 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

8 GRIEG CLOSE Sold Prices

Land registry data shows three sales for 8 GRIEG 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 Central Bedfordshire local authority area for the corresponding sale date. Two of the three 8 GRIEG CLOSE sales were for below the average price, whilst one was 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
2023 10 AUG	£475,000	£559,163	15% below HPI
2005 12 AUG	£242,000	£297,230	19% below HPI
1997 24 JAN	£106,000	£103,713	2% above HPI

8 GRIEG CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 8 GRIEG CLOSE sales between January 1997 and August 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 August 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 GRIEG CLOSE?

8 GRIEG CLOSE is 110m², which includes three extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Shefford, based on EPC data. The below chart shows the distribution of detached houses by size in Shefford, and where 8 GRIEG CLOSE lies on this distribution: 31% of detached houses are smaller than 8 GRIEG CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Shefford.

8 GRIEG CLOSE: Plot and Title Map

8 GRIEG CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 8 GRIEG 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 GRIEG 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 GRIEG CLOSE?

8 GRIEG CLOSE is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 8 on GRIEG CLOSE.