38, CHAPEL CLOSE, BEDFORD, MK41 0DR - £189,995

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.

38 CHAPEL CLOSE is a very small semi-detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £377,732. It was last sold for £189,995 in December 2012, which was around 8% above the average December 2012 semi-detached price in the Bedford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

38 CHAPEL CLOSE Sold Prices

Land registry data shows four sales for 38 CHAPEL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Bedford local authority area for the corresponding sale date. One of the four 38 CHAPEL CLOSE sales was for above the average price, whilst two 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
2012 14 DEC	£189,995	£176,021	8% above HPI
2009 24 JUL	£145,000	£158,641	9% below HPI
2009 29 JUN	£140,000	£156,395	10% below HPI
1999 29 JAN	£68,500	£68,457	Close to HPI

38 CHAPEL 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 four 38 CHAPEL CLOSE sales between January 1999 and December 2012 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 July 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2012 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 38 CHAPEL CLOSE be worth now?

38 CHAPEL CLOSE might now be worth an estimated £377,732.

This is based on house price inflation of 98.8%, between December 2012 and May 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 98.8% inflationary increase is applied to the most recent sale price for 38 CHAPEL CLOSE of £189,995 on 14th December 2012. For the value to have increased from £189,995 to £377,732 over the fourteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 38 CHAPEL CLOSE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The December 2012 sale price of £189,995 represented a fair market value for the property.
• The size, condition, and specification of 38 CHAPEL CLOSE has not materially changed since December 2012.

How Large is 38 CHAPEL CLOSE?

38 CHAPEL CLOSE is 64m² according to the EPC inspection conducted in April 2009. 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 38 CHAPEL CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 38 CHAPEL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bedford.

38 CHAPEL CLOSE: Plot and Title Map

38 CHAPEL CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 38 CHAPEL 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 38 CHAPEL 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 38 CHAPEL CLOSE?

38 CHAPEL CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 38 on CHAPEL CLOSE.