22, GILLESPIE CLOSE, BEDFORD, MK42 9JH - £292,000

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.

22 GILLESPIE CLOSE is a very small terraced house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £300,258. It was last sold for £292,000 in February 2023, which was around 13% above the average February 2023 terraced price in the Bedford local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

22 GILLESPIE CLOSE Sold Prices

Land registry data shows four sales for 22 GILLESPIE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bedford local authority area for the corresponding sale date. All of the four 22 GILLESPIE 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
2023 10 FEB	£292,000	£257,432	13% above HPI
2014 15 APR	£161,000	£151,936	6% above HPI
2005 10 MAY	£140,000	£130,693	7% above HPI
2003 11 DEC	£128,500	£112,168	15% above HPI

22 GILLESPIE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bedford local authority area over time, sourced from the HPI. The four 22 GILLESPIE CLOSE sales between December 2003 and February 2023 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 April 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 22 GILLESPIE CLOSE be worth now?

22 GILLESPIE CLOSE might now be worth an estimated £300,258.

This is based on house price inflation of 2.8%, between February 2023 and June 2025, for terraced 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 2.8% inflationary increase is applied to the most recent sale price for 22 GILLESPIE CLOSE of £292,000 on 10th February 2023. For the value to have increased from £292,000 to £300,258 over the one year and eight months to June 2025, the following assumptions must hold true:

• The value of 22 GILLESPIE CLOSE has moved in line with the HPI for terraced houses in the Bedford local authority area.
• The February 2023 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GILLESPIE CLOSE has not materially changed since February 2023.

How Large is 22 GILLESPIE CLOSE?

22 GILLESPIE CLOSE is 69m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of terraced houses houses in Bedford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bedford, and where 22 GILLESPIE CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 22 GILLESPIE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bedford.

22 GILLESPIE CLOSE: Plot and Title Map

22 GILLESPIE CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 22 GILLESPIE 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 22 GILLESPIE 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 22 GILLESPIE CLOSE?

22 GILLESPIE CLOSE is located in BEDFORD, in the MK42 postcode district. The below map shows the position of No. 22 on GILLESPIE CLOSE.