2, PEMBROKE CLOSE, MARSTON MORETAINE, BEDFORD, MK43 0JX - £420,000

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 PEMBROKE CLOSE is a midsized detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £491,643. It was last sold for £420,000 in March 2018, which was around 20% below the average March 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

2 PEMBROKE CLOSE Sold Prices

Land registry data shows three sales for 2 PEMBROKE 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 Central Bedfordshire local authority area for the corresponding sale date. All of the three 2 PEMBROKE 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
2018 13 MAR	£420,000	£523,460	20% below HPI
2002 5 DEC	£217,500	£263,500	17% below HPI
2000 23 MAR	£139,950	£164,431	15% below HPI

2 PEMBROKE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 2 PEMBROKE CLOSE sales between March 2000 and March 2018 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 December 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 PEMBROKE CLOSE be worth now?

2 PEMBROKE CLOSE might now be worth an estimated £491,643.

This is based on house price inflation of 17.1%, between March 2018 and June 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.1% inflationary increase is applied to the most recent sale price for 2 PEMBROKE CLOSE of £420,000 on 13th March 2018. For the value to have increased from £420,000 to £491,643 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of 2 PEMBROKE CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The March 2018 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PEMBROKE CLOSE has not materially changed since March 2018.

How Large is 2 PEMBROKE CLOSE?

2 PEMBROKE CLOSE is 133m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses houses in Marston Moretaine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marston Moretaine, and where 2 PEMBROKE CLOSE lies on this distribution: 55% of detached houses houses are smaller than 2 PEMBROKE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Marston Moretaine.

2 PEMBROKE CLOSE: Plot and Title Map

2 PEMBROKE CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 2 PEMBROKE 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 PEMBROKE 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 PEMBROKE CLOSE?

2 PEMBROKE CLOSE is located in MARSTON MORETAINE, in the MK43 postcode district. The below map shows the position of No. 2 on PEMBROKE CLOSE.