8, LOMBARDY CLOSE, BEDFORD, MK41 8BN - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 LOMBARDY CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £354,393. It was last sold for £300,000 in January 2020, which was around 34% below the average January 2020 detached price in the Bedford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

8 LOMBARDY CLOSE Sold Prices

Land registry data shows two sales for 8 LOMBARDY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 8 LOMBARDY 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
2020 10 JAN	£300,000	£456,595	34% below HPI
1995 5 MAY	£64,000	£90,507	29% below HPI

8 LOMBARDY 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 two 8 LOMBARDY CLOSE sales from May 1995 and January 2020 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 May 1995 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 8 LOMBARDY CLOSE be worth now?

8 LOMBARDY CLOSE might now be worth an estimated £354,393.

This is based on house price inflation of 18.1%, between January 2020 and February 2025, for 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 18.1% inflationary increase is applied to the most recent sale price for 8 LOMBARDY CLOSE of £300,000 on 10th January 2020. For the value to have increased from £300,000 to £354,393 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 LOMBARDY CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The January 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOMBARDY CLOSE has not materially changed since January 2020.

How Large is 8 LOMBARDY CLOSE?

8 LOMBARDY CLOSE is 81m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 8 LOMBARDY CLOSE lies on this distribution: 9% of detached houses houses are smaller than 8 LOMBARDY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bedford.

8 LOMBARDY CLOSE: Plot and Title Map

8 LOMBARDY CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 8 LOMBARDY 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 LOMBARDY 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 LOMBARDY CLOSE?

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