8, THE CLOISTERS, BEDFORD, MK41 0SP - £860,000

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 THE CLOISTERS is a very small extended detached house of 76m², built sometime between 1991 and 1995. It was last sold for £860,000 in August 2015, which was around 133% above the average August 2015 detached price in the Bedford local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

8 THE CLOISTERS Sold Prices

Land registry data shows two sales for 8 THE CLOISTERS 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. One of the two 8 THE CLOISTERS sales was for above the average price, whilst the other was 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
2015 14 AUG	£860,000	£369,824	133% above HPI
2002 27 FEB	£129,995	£193,893	33% below HPI

8 THE CLOISTERS 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 THE CLOISTERS sales from February 2002 and August 2015 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 February 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2015 sale, where it rises to 133% above the HPI. The line then continues to track at 133% above the HPI.

How Large is 8 THE CLOISTERS?

8 THE CLOISTERS is 76m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% 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 THE CLOISTERS lies on this distribution: 6% of detached houses are smaller than 8 THE CLOISTERS, and 94% of houses are larger. Note that EPC data is not available for all properties in Bedford.

8 THE CLOISTERS: Plot and Title Map

8 THE CLOISTERS sits on a plot of roughly 0.046 of an acre, or 184m². The below map shows the location of 8 THE CLOISTERS, 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 THE CLOISTERS). 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 THE CLOISTERS?

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