18, MALCOTE CLOSE, BIDDENHAM, BEDFORD, MK40 4QW - £325,000

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.

18 MALCOTE CLOSE is a very small semi-detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £352,770. It was last sold for £325,000 in February 2022, which was around 6% above the average February 2022 semi-detached price in the Bedford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

18 MALCOTE CLOSE Sold Prices

Land registry data shows three sales for 18 MALCOTE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bedford local authority area for the corresponding sale date. One of the three 18 MALCOTE CLOSE sales was for above the average price, whilst two 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 23 FEB	£325,000	£307,512	6% above HPI
2009 7 OCT	£156,000	£164,938	5% below HPI
2009 18 JUN	£140,000	£156,395	10% below HPI

18 MALCOTE 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 three 18 MALCOTE CLOSE sales between June 2009 and February 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 October 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 18 MALCOTE CLOSE be worth now?

18 MALCOTE CLOSE might now be worth an estimated £352,770.

This is based on house price inflation of 8.5%, between February 2022 and June 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 8.5% inflationary increase is applied to the most recent sale price for 18 MALCOTE CLOSE of £325,000 on 23rd February 2022. For the value to have increased from £325,000 to £352,770 over the two years and eight months to June 2025, the following assumptions must hold true:

• The value of 18 MALCOTE CLOSE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The February 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MALCOTE CLOSE has not materially changed since February 2022.

How Large is 18 MALCOTE CLOSE?

18 MALCOTE CLOSE is 71m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of semi-detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bedford, and where 18 MALCOTE CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 18 MALCOTE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bedford.

18 MALCOTE CLOSE: Plot and Title Map

18 MALCOTE CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 18 MALCOTE 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 18 MALCOTE 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 18 MALCOTE CLOSE?

18 MALCOTE CLOSE is located in BIDDENHAM, in the MK40 postcode district. The below map shows the position of No. 18 on MALCOTE CLOSE.