8, WISDOM CLOSE, BROMHAM, BEDFORD, MK43 8TL - £490,000

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 WISDOM CLOSE is a midsized extended detached house of 136m², built sometime between 2003 and 2006. It was last sold for £490,000 in September 2020, which was around 4% above the average September 2020 detached price in the Bedford local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

8 WISDOM CLOSE Sold Prices

Land registry data shows three sales for 8 WISDOM 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. Two of the three 8 WISDOM CLOSE sales were for above the average price, whilst one 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
2020 18 SEP	£490,000	£470,320	4% above HPI
2009 3 DEC	£294,500	£281,771	5% above HPI
2005 30 SEP	£264,995	£282,564	6% below HPI

8 WISDOM 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 WISDOM CLOSE sales between September 2005 and September 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 December 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 8 WISDOM CLOSE?

8 WISDOM CLOSE is 136m², which includes two extensions, according to the EPC inspection conducted in January 2020. 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 WISDOM CLOSE lies on this distribution: 56% of detached houses are smaller than 8 WISDOM CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bromham.

8 WISDOM CLOSE: Plot and Title Map

8 WISDOM CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8 WISDOM 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 WISDOM 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 WISDOM CLOSE?

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