12, MAGNOLIA CLOSE, KEMPSTON, BEDFORD, MK42 7RY - £75,000

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.

12 MAGNOLIA CLOSE is a very small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £250,975. It was last sold for £75,000 in November 2001, which was around 25% below the average November 2001 semi-detached price in the Bedford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

12 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 12 MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bedford local authority area for the corresponding sale date. Both of the two 12 MAGNOLIA 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
2001 8 NOV	£75,000	£100,649	25% below HPI
1996 5 SEP	£44,000	£53,803	18% below HPI

12 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bedford local authority area over time, sourced from the HPI. The two 12 MAGNOLIA CLOSE sales from September 1996 and November 2001 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 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2001 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 12 MAGNOLIA CLOSE be worth now?

12 MAGNOLIA CLOSE might now be worth an estimated £250,975.

This is based on house price inflation of 234.6%, between November 2001 and March 2025, for semi-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 234.6% inflationary increase is applied to the most recent sale price for 12 MAGNOLIA CLOSE of £75,000 on 8th November 2001. For the value to have increased from £75,000 to £250,975 over the 24 years and eight months to March 2025, the following assumptions must hold true:

• The value of 12 MAGNOLIA CLOSE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The November 2001 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MAGNOLIA CLOSE has not materially changed since November 2001.

How Large is 12 MAGNOLIA CLOSE?

12 MAGNOLIA CLOSE is 70m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of semi-detached houses houses in Kempston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kempston, and where 12 MAGNOLIA CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 12 MAGNOLIA CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Kempston.

12 MAGNOLIA CLOSE: Plot and Title Map

12 MAGNOLIA CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 12 MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA CLOSE?

12 MAGNOLIA CLOSE is located in KEMPSTON, in the MK42 postcode district. The below map shows the position of No. 12 on MAGNOLIA CLOSE.