4, RIVERSIDE CLOSE, BEDFORD, MK42 9DD - £244,000

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 RIVERSIDE CLOSE is a very small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £423,340. It was last sold for £244,000 in April 2014, which was around 23% below the average April 2014 detached price in the Bedford local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

4 RIVERSIDE CLOSE Sold Prices

Land registry data shows two sales for 4 RIVERSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 4 RIVERSIDE 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
2014 17 APR	£244,000	£315,832	23% below HPI
2008 8 AUG	£170,000	£303,046	44% below HPI

4 RIVERSIDE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 4 RIVERSIDE CLOSE sales from August 2008 and April 2014 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 2008 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 4 RIVERSIDE CLOSE be worth now?

4 RIVERSIDE CLOSE might now be worth an estimated £423,340.

This is based on house price inflation of 73.5%, between April 2014 and June 2025, for 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 73.5% inflationary increase is applied to the most recent sale price for 4 RIVERSIDE CLOSE of £244,000 on 17th April 2014. For the value to have increased from £244,000 to £423,340 over the ten years and ten months to June 2025, the following assumptions must hold true:

• The value of 4 RIVERSIDE CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The April 2014 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RIVERSIDE CLOSE has not materially changed since April 2014.

How Large is 4 RIVERSIDE CLOSE?

4 RIVERSIDE CLOSE is 89m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 4 RIVERSIDE CLOSE lies on this distribution: 15% of detached houses houses are smaller than 4 RIVERSIDE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bedford.

4 RIVERSIDE CLOSE: Plot and Title Map

4 RIVERSIDE CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 4 RIVERSIDE 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 RIVERSIDE 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 RIVERSIDE CLOSE?

4 RIVERSIDE CLOSE is located in BEDFORD, in the MK42 postcode district. The below map shows the position of No. 4 on RIVERSIDE CLOSE.