2, CHURNET CLOSE, BEDFORD, MK41 7ST - £400,000

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.

2 CHURNET CLOSE is a small extended semi-detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £406,135. It was last sold for £400,000 in September 2022, which was around 22% above the average September 2022 semi-detached price in the Bedford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 CHURNET CLOSE Sold Prices

Land registry data shows two sales for 2 CHURNET 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 2 CHURNET CLOSE sales were for above 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 22 SEP	£400,000	£328,746	22% above HPI
2017 4 AUG	£297,000	£266,431	11% above HPI

2 CHURNET 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 2 CHURNET CLOSE sales from August 2017 and September 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 August 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 2 CHURNET CLOSE be worth now?

2 CHURNET CLOSE might now be worth an estimated £406,135.

This is based on house price inflation of 1.5%, between September 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 1.5% inflationary increase is applied to the most recent sale price for 2 CHURNET CLOSE of £400,000 on 22nd September 2022. For the value to have increased from £400,000 to £406,135 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 2 CHURNET CLOSE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The September 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHURNET CLOSE has not materially changed since September 2022.

How Large is 2 CHURNET CLOSE?

2 CHURNET CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% 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 2 CHURNET CLOSE lies on this distribution: 21% of semi-detached houses houses are smaller than 2 CHURNET CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bedford.

2 CHURNET CLOSE: Plot and Title Map

2 CHURNET CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 2 CHURNET 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 2 CHURNET 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 2 CHURNET CLOSE?

2 CHURNET CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 2 on CHURNET CLOSE.