4, FALKLAND CLOSE, FLITWICK, BEDFORD, MK45 1FG - £375,000

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.

4 FALKLAND CLOSE is a very small terraced house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £386,477. It was last sold for £375,000 in October 2022, which was around 30% above the average October 2022 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

4 FALKLAND CLOSE Sold Prices

Land registry data shows three sales for 4 FALKLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 4 FALKLAND 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 14 OCT	£375,000	£287,792	30% above HPI
2015 28 AUG	£250,000	£202,790	23% above HPI
2006 4 SEP	£205,000	£159,032	29% above HPI

4 FALKLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 4 FALKLAND CLOSE sales between September 2006 and October 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 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 4 FALKLAND CLOSE be worth now?

4 FALKLAND CLOSE might now be worth an estimated £386,477.

This is based on house price inflation of 3.1%, between October 2022 and May 2026, for terraced 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 3.1% inflationary increase is applied to the most recent sale price for 4 FALKLAND CLOSE of £375,000 on 14th October 2022. For the value to have increased from £375,000 to £386,477 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 4 FALKLAND CLOSE has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The October 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FALKLAND CLOSE has not materially changed since October 2022.

How Large is 4 FALKLAND CLOSE?

4 FALKLAND CLOSE is 78m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of terraced houses houses in Flitwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Flitwick, and where 4 FALKLAND CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 4 FALKLAND CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

4 FALKLAND CLOSE: Plot and Title Map

4 FALKLAND CLOSE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 4 FALKLAND 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 4 FALKLAND 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 4 FALKLAND CLOSE?

4 FALKLAND CLOSE is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 4 on FALKLAND CLOSE.