5, POMEROY CLOSE, BEDFORD, MK41 7FW - £320,000

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 POMEROY CLOSE is a very small terraced house of 71m², built sometime between 2007 and 2011, which could now be worth an estimated £339,112. It was last sold for £320,000 in June 2022, which was around 28% above the average June 2022 terraced price in the Bedford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

5 POMEROY CLOSE Sold Prices

Land registry data shows four sales for 5 POMEROY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bedford local authority area for the corresponding sale date. All of the four 5 POMEROY 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 24 JUN	£320,000	£249,793	28% above HPI
2018 30 NOV	£245,000	£216,575	13% above HPI
2013 26 JUL	£175,000	£145,490	20% above HPI
2011 19 AUG	£160,000	£140,189	14% above HPI

5 POMEROY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bedford local authority area over time, sourced from the HPI. The four 5 POMEROY CLOSE sales between August 2011 and June 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 November 2018 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 5 POMEROY CLOSE be worth now?

5 POMEROY CLOSE might now be worth an estimated £339,112.

This is based on house price inflation of 6%, between June 2022 and June 2025, for terraced 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 6% inflationary increase is applied to the most recent sale price for 5 POMEROY CLOSE of £320,000 on 24th June 2022. For the value to have increased from £320,000 to £339,112 over the three years to June 2025, the following assumptions must hold true:

• The value of 5 POMEROY CLOSE has moved in line with the HPI for terraced houses in the Bedford local authority area.
• The June 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 5 POMEROY CLOSE has not materially changed since June 2022.

How Large is 5 POMEROY CLOSE?

5 POMEROY CLOSE is 71m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of terraced houses houses in Bedford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bedford, and where 5 POMEROY CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 5 POMEROY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bedford.

5 POMEROY CLOSE: Plot and Title Map

5 POMEROY CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 5 POMEROY 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 POMEROY 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 POMEROY CLOSE?

5 POMEROY CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 5 on POMEROY CLOSE.