5, HOWKIN CLOSE, BROMHAM, BEDFORD, MK43 8TN - £322,000

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 HOWKIN CLOSE is a very small detached house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £372,721. It was last sold for £322,000 in June 2021, which was around 31% below the average June 2021 detached price in the Bedford local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

5 HOWKIN CLOSE Sold Prices

Land registry data shows three sales for 5 HOWKIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 5 HOWKIN 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
2021 9 JUN	£322,000	£465,979	31% below HPI
2011 23 SEP	£187,000	£292,788	36% below HPI
2005 25 FEB	£204,995	£274,451	25% below HPI

5 HOWKIN 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 three 5 HOWKIN CLOSE sales between February 2005 and June 2021 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 September 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 HOWKIN CLOSE be worth now?

5 HOWKIN CLOSE might now be worth an estimated £372,721.

This is based on house price inflation of 15.8%, between June 2021 and February 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 15.8% inflationary increase is applied to the most recent sale price for 5 HOWKIN CLOSE of £322,000 on 9th June 2021. For the value to have increased from £322,000 to £372,721 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 HOWKIN CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The June 2021 sale price of £322,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HOWKIN CLOSE has not materially changed since June 2021.

How Large is 5 HOWKIN CLOSE?

5 HOWKIN CLOSE is 75m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses houses in Bromham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromham, and where 5 HOWKIN CLOSE lies on this distribution: 5% of detached houses houses are smaller than 5 HOWKIN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bromham.

5 HOWKIN CLOSE: Plot and Title Map

5 HOWKIN CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 5 HOWKIN 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 HOWKIN 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 HOWKIN CLOSE?

5 HOWKIN CLOSE is located in BROMHAM, in the MK43 postcode district. The below map shows the position of No. 5 on HOWKIN CLOSE.