19, MALCOTE CLOSE, BIDDENHAM, BEDFORD, MK40 4QA - £277,500

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.

19 MALCOTE CLOSE is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £326,326. It was last sold for £277,500 in June 2021, which was around 40% below the average June 2021 detached price in the Bedford local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

19 MALCOTE CLOSE Sold Prices

Land registry data shows three sales for 19 MALCOTE 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 19 MALCOTE 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
2021 18 JUN	£277,500	£465,979	40% below HPI
2009 15 MAY	£200,000	£255,423	22% below HPI
1996 6 SEP	£66,500	£95,041	30% below HPI

19 MALCOTE 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 19 MALCOTE CLOSE sales between September 1996 and June 2021 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 May 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 19 MALCOTE CLOSE be worth now?

19 MALCOTE CLOSE might now be worth an estimated £326,326.

This is based on house price inflation of 17.6%, between June 2021 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 17.6% inflationary increase is applied to the most recent sale price for 19 MALCOTE CLOSE of £277,500 on 18th June 2021. For the value to have increased from £277,500 to £326,326 over the four years to June 2025, the following assumptions must hold true:

• The value of 19 MALCOTE CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The June 2021 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 19 MALCOTE CLOSE has not materially changed since June 2021.

How Large is 19 MALCOTE CLOSE?

19 MALCOTE CLOSE is 68m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% 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 19 MALCOTE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 19 MALCOTE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bedford.

19 MALCOTE CLOSE: Plot and Title Map

19 MALCOTE CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 19 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 19 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 19 MALCOTE CLOSE?

19 MALCOTE CLOSE is located in BIDDENHAM, in the MK40 postcode district. The below map shows the position of No. 19 on MALCOTE CLOSE.