8, RIVERSIDE CLOSE, BEDFORD, MK42 9DD - £343,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 RIVERSIDE CLOSE is a very small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £343,000 in September 2017, which was around 25% below the average September 2017 detached price in the Bedford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

8 RIVERSIDE CLOSE Sold Prices

Land registry data shows three sales for 8 RIVERSIDE 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 Bedford local authority area for the corresponding sale date. All of the three 8 RIVERSIDE 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
2017 1 SEP	£343,000	£459,964	25% below HPI
2008 11 APR	£186,000	£315,789	41% below HPI
1999 2 DEC	£92,500	£138,612	33% below HPI

8 RIVERSIDE 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 three 8 RIVERSIDE CLOSE sales between December 1999 and September 2017 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 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 RIVERSIDE CLOSE?

8 RIVERSIDE CLOSE is 90m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 8 RIVERSIDE CLOSE lies on this distribution: 16% of detached houses are smaller than 8 RIVERSIDE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bedford.

8 RIVERSIDE CLOSE: Plot and Title Map

8 RIVERSIDE CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 8 RIVERSIDE 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 RIVERSIDE 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 RIVERSIDE CLOSE?

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