9, GIPPING CLOSE, BEDFORD, MK41 7XY - £187,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 GIPPING CLOSE is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £345,416. It was last sold for £187,500 in September 2011, which was around 36% below the average September 2011 detached price in the Bedford local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

9 GIPPING CLOSE Sold Prices

Land registry data shows two sales for 9 GIPPING CLOSE 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. Both of the two 9 GIPPING 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
2011 15 SEP	£187,500	£292,788	36% below HPI
2005 29 SEP	£177,000	£276,510	36% below HPI

9 GIPPING 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 two 9 GIPPING CLOSE sales from September 2005 and September 2011 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 September 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2011 sale, which was also at 36% below the HPI.

What might 9 GIPPING CLOSE be worth now?

9 GIPPING CLOSE might now be worth an estimated £345,416.

This is based on house price inflation of 84.2%, between September 2011 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.2% inflationary increase is applied to the most recent sale price for 9 GIPPING CLOSE of £187,500 on 15th September 2011. For the value to have increased from £187,500 to £345,416 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 GIPPING CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The September 2011 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 9 GIPPING CLOSE has not materially changed since September 2011.

How Large is 9 GIPPING CLOSE?

9 GIPPING CLOSE is 78m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 9 GIPPING CLOSE lies on this distribution: 7% of detached houses houses are smaller than 9 GIPPING CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bedford.

9 GIPPING CLOSE: Plot and Title Map

9 GIPPING CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 9 GIPPING 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 9 GIPPING 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 9 GIPPING CLOSE?

9 GIPPING CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 9 on GIPPING CLOSE.