8, PEAR TREE CLOSE, BROMHAM, BEDFORD, MK43 8PR - £505,000

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 PEAR TREE CLOSE is a midsized detached house of 129m², built sometime between 1996 and 2002. It was last sold for £505,000 in November 2020, which was around 7% above the average November 2020 detached price in the Bedford local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

8 PEAR TREE CLOSE Sold Prices

Land registry data shows four sales for 8 PEAR TREE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 8 PEAR TREE 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
2020 10 NOV	£505,000	£471,738	7% above HPI
2012 27 APR	£375,000	£298,996	25% above HPI
2010 9 JUL	£360,000	£300,331	20% above HPI
2001 26 JAN	£197,950	£167,490	18% above HPI

8 PEAR TREE 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 four 8 PEAR TREE CLOSE sales between January 2001 and November 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 April 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 8 PEAR TREE CLOSE?

8 PEAR TREE CLOSE is 129m² according to the EPC inspection conducted in December 2011. This puts it in the largest 50% of detached houses in Bromham, based on EPC data. The below chart shows the distribution of detached houses by size in Bromham, and where 8 PEAR TREE CLOSE lies on this distribution: 50% of detached houses are smaller than 8 PEAR TREE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Bromham.

8 PEAR TREE CLOSE: Plot and Title Map

8 PEAR TREE CLOSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 8 PEAR TREE 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 PEAR TREE 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 PEAR TREE CLOSE?

8 PEAR TREE CLOSE is located in BROMHAM, in the MK43 postcode district. The below map shows the position of No. 8 on PEAR TREE CLOSE.