HOME CLOSE, QUEENS ROAD, COLMWORTH, BEDFORD, MK44 2LA - £923,500

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

HOME CLOSE is a very large extended detached house of 323m², built sometime before 1900. It was last sold for £923,500 in February 2018, which was around 99% above the average February 2018 detached price in the Bedford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

HOME CLOSE Sold Prices

Land registry data shows two sales for HOME 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. One of the two HOME CLOSE 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
2018 23 FEB	£923,500	£463,259	99% above HPI
2012 29 JUN	£125,000	£304,835	59% below HPI

HOME 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 HOME CLOSE sales from June 2012 and February 2018 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 June 2012 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the February 2018 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is HOME CLOSE?

HOME CLOSE is 323m², which includes three extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Colmworth, based on EPC data. The below chart shows the distribution of detached houses by size in Colmworth, and where HOME CLOSE lies on this distribution: More than 99% of detached houses are smaller than HOME CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Colmworth.

HOME CLOSE: Plot and Title Map

HOME CLOSE sits on a plot of roughly 0.431 of an acre, or 1,745m². The below map shows the location of HOME 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 HOME 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 HOME CLOSE?

HOME CLOSE is located on QUEENS ROAD in COLMWORTH, in the MK44 postcode district. The below map shows the position of HOME CLOSE on QUEENS ROAD.