31, MALCOTE CLOSE, BIDDENHAM, BEDFORD, MK40 4QA - £240,000

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.

31 MALCOTE CLOSE is a very small semi-detached house of 51m², built sometime between 1991 and 1995, which could now be worth an estimated £262,674. It was last sold for £240,000 in January 2024, which was around 25% below the average January 2024 semi-detached price in the Bedford local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

31 MALCOTE CLOSE Sold Prices

Land registry data shows five sales for 31 MALCOTE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Bedford local authority area for the corresponding sale date. Most of the five 31 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
2024 16 JAN	£240,000	£320,846	25% below HPI
2009 1 JUN	£158,500	£156,395	1% above HPI
2006 23 JUN	£155,000	£169,302	8% below HPI
2005 14 OCT	£135,000	£166,204	19% below HPI
2000 11 AUG	£86,500	£89,755	4% below HPI

31 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 five 31 MALCOTE CLOSE sales between August 2000 and January 2024 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 June 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 31 MALCOTE CLOSE be worth now?

31 MALCOTE CLOSE might now be worth an estimated £262,674.

This is based on house price inflation of 9.4%, between January 2024 and July 2026, 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 9.4% inflationary increase is applied to the most recent sale price for 31 MALCOTE CLOSE of £240,000 on 16th January 2024. For the value to have increased from £240,000 to £262,674 over the one year and six months to July 2026, the following assumptions must hold true:

• The value of 31 MALCOTE CLOSE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The January 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MALCOTE CLOSE has not materially changed since January 2024.

How Large is 31 MALCOTE CLOSE?

31 MALCOTE CLOSE is 51m² according to the EPC inspection conducted in September 2023. 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 31 MALCOTE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 31 MALCOTE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bedford.

31 MALCOTE CLOSE: Plot and Title Map

31 MALCOTE CLOSE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 31 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 31 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 31 MALCOTE CLOSE?

31 MALCOTE CLOSE is located in BIDDENHAM, in the MK40 postcode district. The below map shows the position of No. 31 on MALCOTE CLOSE.