5, ELY CLOSE, FLITWICK, BEDFORD, MK45 1UJ - £400,000

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.

5 ELY CLOSE is a very small extended semi-detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £423,911. It was last sold for £400,000 in March 2023, which was around 12% above the average March 2023 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

5 ELY CLOSE Sold Prices

Land registry data shows three sales for 5 ELY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 5 ELY 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 27 MAR	£400,000	£358,643	12% above HPI
2011 9 AUG	£196,000	£192,059	2% above HPI
1996 4 APR	£64,000	£57,822	11% above HPI

5 ELY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 5 ELY CLOSE sales between April 1996 and March 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 August 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 ELY CLOSE be worth now?

5 ELY CLOSE might now be worth an estimated £423,911.

This is based on house price inflation of 6%, between March 2023 and April 2026, for semi-detached 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 6% inflationary increase is applied to the most recent sale price for 5 ELY CLOSE of £400,000 on 27th March 2023. For the value to have increased from £400,000 to £423,911 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 5 ELY CLOSE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The March 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELY CLOSE has not materially changed since March 2023.

How Large is 5 ELY CLOSE?

5 ELY CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of semi-detached houses houses in Flitwick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Flitwick, and where 5 ELY CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 5 ELY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

5 ELY CLOSE: Plot and Title Map

5 ELY CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 5 ELY 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 5 ELY 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 5 ELY CLOSE?

5 ELY CLOSE is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 5 on ELY CLOSE.