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 RAMILLIES CLOSE is a large extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £390,000 in June 2022, which was around 26% below the average June 2022 detached price in the Bedford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 RAMILLIES CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 8 RAMILLIES 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 |
---|---|---|---|
2022 10 JUN | £390,000 | £526,167 | 26% below HPI |
1998 22 MAY | £83,500 | £111,897 | 25% below HPI |
1995 21 AUG | £79,000 | £92,781 | 15% below HPI |
The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The three 8 RAMILLIES CLOSE sales between August 1995 and June 2022 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 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
8 RAMILLIES CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Kempston, based on EPC data. The below chart shows the distribution of detached houses by size in Kempston, and where 8 RAMILLIES CLOSE lies on this distribution: 71% of detached houses are smaller than 8 RAMILLIES CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Kempston.
8 RAMILLIES CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 8 RAMILLIES 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 RAMILLIES 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.
8 RAMILLIES CLOSE is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 8 on RAMILLIES CLOSE.