11, LAMB CLOSE, BEDFORD, MK41 0FL - £245,000

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.

11 LAMB CLOSE is a very small terraced house of 68m², which could now be worth an estimated £304,278. It was last sold for £245,000 in March 2019, which was around 15% above the average March 2019 terraced price in the Bedford local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

11 LAMB CLOSE Sold Prices

Land registry data shows two sales for 11 LAMB CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bedford local authority area for the corresponding sale date. Both of the two 11 LAMB CLOSE sales were for above 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
2019 1 MAR	£245,000	£213,142	15% above HPI
2014 24 MAR	£179,995	£148,637	21% above HPI

11 LAMB CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bedford local authority area over time, sourced from the HPI. The two 11 LAMB CLOSE sales from March 2014 and March 2019 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 March 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 11 LAMB CLOSE be worth now?

11 LAMB CLOSE might now be worth an estimated £304,278.

This is based on house price inflation of 24.2%, between March 2019 and June 2025, for terraced 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 24.2% inflationary increase is applied to the most recent sale price for 11 LAMB CLOSE of £245,000 on 1st March 2019. For the value to have increased from £245,000 to £304,278 over the five years and nine months to June 2025, the following assumptions must hold true:

• The value of 11 LAMB CLOSE has moved in line with the HPI for terraced houses in the Bedford local authority area.
• The March 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LAMB CLOSE has not materially changed since March 2019.

How Large is 11 LAMB CLOSE?

11 LAMB CLOSE is 68m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of terraced houses houses in Bedford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bedford, and where 11 LAMB CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 11 LAMB CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bedford.

11 LAMB CLOSE: Plot and Title Map

11 LAMB CLOSE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 11 LAMB 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 11 LAMB 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 11 LAMB CLOSE?

11 LAMB CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 11 on LAMB CLOSE.