8, OLIVER CLOSE, KEMPSTON, BEDFORD, MK42 7FW - £345,000

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 OLIVER CLOSE is a large detached house of 127m², which could now be worth an estimated £441,450. It was last sold for £345,000 in September 2016, which was around 18% below the average September 2016 detached price in the Bedford local authority area. The most recent EPC inspection was April 2012, where the current energy rating was B, and the potential energy rating was B.

8 OLIVER CLOSE Sold Prices

Land registry data shows two sales for 8 OLIVER 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 OLIVER 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
2016 2 SEP	£345,000	£421,534	18% below HPI
2012 23 MAY	£239,995	£294,304	18% below HPI

8 OLIVER 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 OLIVER CLOSE sales from May 2012 and September 2016 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 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2016 sale, which was also at 18% below the HPI.

What might 8 OLIVER CLOSE be worth now?

8 OLIVER CLOSE might now be worth an estimated £441,450.

This is based on house price inflation of 28%, between September 2016 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 28% inflationary increase is applied to the most recent sale price for 8 OLIVER CLOSE of £345,000 on 2nd September 2016. For the value to have increased from £345,000 to £441,450 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 OLIVER CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The September 2016 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OLIVER CLOSE has not materially changed since September 2016.

How Large is 8 OLIVER CLOSE?

8 OLIVER CLOSE is 127m² according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kempston, and where 8 OLIVER CLOSE lies on this distribution: 71% of detached houses houses are smaller than 8 OLIVER CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Kempston.

8 OLIVER CLOSE: Plot and Title Map

8 OLIVER CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 8 OLIVER 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 OLIVER 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 OLIVER CLOSE?

8 OLIVER CLOSE is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 8 on OLIVER CLOSE.