8, THETFORD CLOSE, KEMPSTON, BEDFORD, MK42 8PF - £225,000

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 THETFORD CLOSE is a very small extended semi-detached house of 70m², built sometime between 1967 and 1975. It was last sold for £225,000 in September 2015, which was around 40% below the average September 2015 detached price in the Bedford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

8 THETFORD CLOSE Sold Prices

Land registry data shows three sales for 8 THETFORD 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 THETFORD 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
2015 1 SEP	£225,000	£374,959	40% below HPI
1998 7 JUL	£77,000	£118,269	35% below HPI
1997 14 MAR	£67,000	£100,358	33% below HPI

8 THETFORD 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 THETFORD CLOSE sales between March 1997 and September 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 July 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 8 THETFORD CLOSE?

8 THETFORD CLOSE is 70m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% 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 THETFORD CLOSE lies on this distribution: 9% of detached houses are smaller than 8 THETFORD CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Kempston.

8 THETFORD CLOSE: Plot and Title Map

8 THETFORD CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 8 THETFORD 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 THETFORD 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 THETFORD CLOSE?

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