12, ELY CLOSE, FLITWICK, BEDFORD, MK45 1UJ - £342,500

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.

12 ELY CLOSE is a very small detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £417,404. It was last sold for £342,500 in September 2017, which was around 33% below the average September 2017 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

12 ELY CLOSE Sold Prices

Land registry data shows three sales for 12 ELY 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 Central Bedfordshire local authority area for the corresponding sale date. All of the three 12 ELY 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 5 SEP	£342,500	£510,889	33% below HPI
2002 8 FEB	£142,000	£212,056	33% below HPI
1997 22 DEC	£86,000	£125,675	32% below HPI

12 ELY 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 three 12 ELY CLOSE sales between December 1997 and September 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 February 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2017 sale, which was also at 33% below the HPI.

What might 12 ELY CLOSE be worth now?

12 ELY CLOSE might now be worth an estimated £417,404.

This is based on house price inflation of 21.9%, between September 2017 and March 2025, 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 21.9% inflationary increase is applied to the most recent sale price for 12 ELY CLOSE of £342,500 on 5th September 2017. For the value to have increased from £342,500 to £417,404 over the eight years and six months to March 2025, the following assumptions must hold true:

• The value of 12 ELY CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The September 2017 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 12 ELY CLOSE has not materially changed since September 2017.

How Large is 12 ELY CLOSE?

12 ELY CLOSE is 85m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses houses in Flitwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Flitwick, and where 12 ELY CLOSE lies on this distribution: 15% of detached houses houses are smaller than 12 ELY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

12 ELY CLOSE: Plot and Title Map

12 ELY CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 12 ELY 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 12 ELY 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 12 ELY CLOSE?

12 ELY CLOSE is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 12 on ELY CLOSE.