15, WEAVER CLOSE, BEDFORD, MK41 7YR - £462,000

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.

15 WEAVER CLOSE is a midsized detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £491,677. It was last sold for £462,000 in June 2022, which was around 10% below the average June 2022 detached price in the Bedford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

15 WEAVER CLOSE Sold Prices

Land registry data shows three sales for 15 WEAVER 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 15 WEAVER 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
2022 30 JUN	£462,000	£514,893	10% below HPI
2013 21 JUN	£242,500	£300,823	19% below HPI
2006 17 JUL	£232,500	£277,368	16% below HPI

15 WEAVER 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 15 WEAVER CLOSE sales between July 2006 and June 2022 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 June 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 WEAVER CLOSE be worth now?

15 WEAVER CLOSE might now be worth an estimated £491,677.

This is based on house price inflation of 6.4%, between June 2022 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 6.4% inflationary increase is applied to the most recent sale price for 15 WEAVER CLOSE of £462,000 on 30th June 2022. For the value to have increased from £462,000 to £491,677 over the three years to June 2025, the following assumptions must hold true:

• The value of 15 WEAVER CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The June 2022 sale price of £462,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WEAVER CLOSE has not materially changed since June 2022.

How Large is 15 WEAVER CLOSE?

15 WEAVER CLOSE is 127m² according to the EPC inspection conducted in March 2013. 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 15 WEAVER CLOSE lies on this distribution: 52% of detached houses houses are smaller than 15 WEAVER CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Bedford.

15 WEAVER CLOSE: Plot and Title Map

15 WEAVER CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 15 WEAVER 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 15 WEAVER 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 15 WEAVER CLOSE?

15 WEAVER CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 15 on WEAVER CLOSE.