1, TEST CLOSE, BEDFORD, MK41 7SY - £380,000

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 TEST CLOSE is a midsized extended detached house of 131m², built sometime between 1983 and 1990, which could now be worth an estimated £451,916. It was last sold for £380,000 in October 2018, which was around 18% below the average October 2018 detached price in the Bedford local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

1 TEST CLOSE Sold Prices

Land registry data shows four sales for 1 TEST CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 1 TEST 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
2018 26 OCT	£380,000	£460,767	18% below HPI
2004 9 AUG	£250,000	£261,816	5% below HPI
2001 8 MAR	£149,995	£165,696	9% below HPI
1997 27 FEB	£90,000	£95,585	6% below HPI

1 TEST 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 four 1 TEST CLOSE sales between February 1997 and October 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 August 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 TEST CLOSE be worth now?

1 TEST CLOSE might now be worth an estimated £451,916.

This is based on house price inflation of 18.9%, between October 2018 and June 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 18.9% inflationary increase is applied to the most recent sale price for 1 TEST CLOSE of £380,000 on 26th October 2018. For the value to have increased from £380,000 to £451,916 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 1 TEST CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The October 2018 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TEST CLOSE has not materially changed since October 2018.

How Large is 1 TEST CLOSE?

1 TEST CLOSE is 131m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% 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 1 TEST CLOSE lies on this distribution: 56% of detached houses houses are smaller than 1 TEST CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Bedford.

1 TEST CLOSE: Plot and Title Map

1 TEST CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 1 TEST 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 TEST 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 TEST CLOSE?

1 TEST CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 1 on TEST CLOSE.