1, RIGLEN CLOSE, LIDLINGTON, BEDFORD, MK43 0US - £425,000

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.

1 RIGLEN CLOSE is a small detached house of 107m², built sometime between 2007 and 2011, which could now be worth an estimated £499,891. It was last sold for £425,000 in June 2021, which was around 18% below the average June 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

1 RIGLEN CLOSE Sold Prices

Land registry data shows two sales for 1 RIGLEN 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 1 RIGLEN 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
2021 10 JUN	£425,000	£518,457	18% below HPI
2007 26 NOV	£299,950	£355,640	16% below HPI

1 RIGLEN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 1 RIGLEN CLOSE sales from November 2007 and June 2021 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 November 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 RIGLEN CLOSE be worth now?

1 RIGLEN CLOSE might now be worth an estimated £499,891.

This is based on house price inflation of 17.6%, between June 2021 and July 2026, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 1 RIGLEN CLOSE of £425,000 on 10th June 2021. For the value to have increased from £425,000 to £499,891 over the four years and eleven months to July 2026, the following assumptions must hold true:

• The value of 1 RIGLEN CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The June 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RIGLEN CLOSE has not materially changed since June 2021.

How Large is 1 RIGLEN CLOSE?

1 RIGLEN CLOSE is 107m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses houses in Lidlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lidlington, and where 1 RIGLEN CLOSE lies on this distribution: 25% of detached houses houses are smaller than 1 RIGLEN CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lidlington.

1 RIGLEN CLOSE: Plot and Title Map

1 RIGLEN CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 1 RIGLEN 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 1 RIGLEN 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 1 RIGLEN CLOSE?

1 RIGLEN CLOSE is located in LIDLINGTON, in the MK43 postcode district. The below map shows the position of No. 1 on RIGLEN CLOSE.