8, CHAGFORD CLOSE, BEDFORD, MK40 3AY - £300,000

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.

8 CHAGFORD CLOSE is a very small terraced house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £373,481. It was last sold for £300,000 in August 2017, which was around 41% above the average August 2017 terraced price in the Bedford local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

8 CHAGFORD CLOSE Sold Prices

Land registry data shows two sales for 8 CHAGFORD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bedford local authority area for the corresponding sale date. Both of the two 8 CHAGFORD 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
2017 30 AUG	£300,000	£212,631	41% above HPI
2011 12 DEC	£205,000	£137,288	49% above HPI

8 CHAGFORD 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 two 8 CHAGFORD CLOSE sales from December 2011 and August 2017 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 December 2011 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the August 2017 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 8 CHAGFORD CLOSE be worth now?

8 CHAGFORD CLOSE might now be worth an estimated £373,481.

This is based on house price inflation of 24.5%, between August 2017 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 24.5% inflationary increase is applied to the most recent sale price for 8 CHAGFORD CLOSE of £300,000 on 30th August 2017. For the value to have increased from £300,000 to £373,481 over the eight years and two months to June 2025, the following assumptions must hold true:

• The value of 8 CHAGFORD CLOSE has moved in line with the HPI for terraced houses in the Bedford local authority area.
• The August 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAGFORD CLOSE has not materially changed since August 2017.

How Large is 8 CHAGFORD CLOSE?

8 CHAGFORD CLOSE is 71m² according to the EPC inspection conducted in July 2011. 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 8 CHAGFORD CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 8 CHAGFORD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bedford.

8 CHAGFORD CLOSE: Plot and Title Map

8 CHAGFORD CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 8 CHAGFORD 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 8 CHAGFORD 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 8 CHAGFORD CLOSE?

8 CHAGFORD CLOSE is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 8 on CHAGFORD CLOSE.