11, MITRE CLOSE, BEDFORD, MK41 0SR - £295,000

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 MITRE CLOSE is a small extended detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £361,482. It was last sold for £295,000 in December 2017, which was around 34% below the average December 2017 detached price in the Bedford local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

11 MITRE CLOSE Sold Prices

Land registry data shows three sales for 11 MITRE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 11 MITRE 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
2017 15 DEC	£295,000	£447,188	34% below HPI
2007 21 SEP	£234,995	£316,360	26% below HPI
2002 28 JUN	£149,950	£204,896	27% below HPI

11 MITRE 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 three 11 MITRE CLOSE sales between June 2002 and December 2017 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 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 11 MITRE CLOSE be worth now?

11 MITRE CLOSE might now be worth an estimated £361,482.

This is based on house price inflation of 22.5%, between December 2017 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 22.5% inflationary increase is applied to the most recent sale price for 11 MITRE CLOSE of £295,000 on 15th December 2017. For the value to have increased from £295,000 to £361,482 over the eight years and six months to June 2025, the following assumptions must hold true:

• The value of 11 MITRE CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The December 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MITRE CLOSE has not materially changed since December 2017.

How Large is 11 MITRE CLOSE?

11 MITRE CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% 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 11 MITRE CLOSE lies on this distribution: 24% of detached houses houses are smaller than 11 MITRE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bedford.

11 MITRE CLOSE: Plot and Title Map

11 MITRE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 11 MITRE 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 MITRE 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 MITRE CLOSE?

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