78, ALEXANDER CLOSE, STEWARTBY, BEDFORD, MK43 9LT - £290,000

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.

78 ALEXANDER CLOSE is a very small terraced house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £306,807. It was last sold for £290,000 in September 2022, which was around 10% above the average September 2022 terraced price in the Bedford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was D.

78 ALEXANDER CLOSE Sold Prices

Land registry data shows four sales for 78 ALEXANDER 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. two of the four 78 ALEXANDER CLOSE sales were for above the average price, and four 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
2022 7 SEP	£290,000	£262,760	10% above HPI
2019 26 APR	£240,000	£215,460	11% above HPI
2017 13 JUL	£195,000	£209,710	7% below HPI
2001 28 SEP	£69,000	£77,264	11% below HPI

78 ALEXANDER 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 78 ALEXANDER CLOSE sales between September 2001 and September 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 April 2019 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 78 ALEXANDER CLOSE be worth now?

78 ALEXANDER CLOSE might now be worth an estimated £306,807.

This is based on house price inflation of 5.8%, between September 2022 and May 2026, 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 5.8% inflationary increase is applied to the most recent sale price for 78 ALEXANDER CLOSE of £290,000 on 7th September 2022. For the value to have increased from £290,000 to £306,807 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 78 ALEXANDER CLOSE has moved in line with the HPI for terraced houses in the Bedford local authority area.
• The September 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 78 ALEXANDER CLOSE has not materially changed since September 2022.

How Large is 78 ALEXANDER CLOSE?

78 ALEXANDER CLOSE is 82m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of terraced houses houses in Stewartby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stewartby, and where 78 ALEXANDER CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 78 ALEXANDER CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Stewartby.

78 ALEXANDER CLOSE: Plot and Title Map

78 ALEXANDER CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 78 ALEXANDER 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 78 ALEXANDER 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 78 ALEXANDER CLOSE?

78 ALEXANDER CLOSE is located in STEWARTBY, in the MK43 postcode district. The below map shows the position of No. 78 on ALEXANDER CLOSE.