8, ELY CLOSE, FLITWICK, BEDFORD, MK45 1UJ - £430,000

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 ELY CLOSE is a small detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £503,875. It was last sold for £430,000 in November 2018, which was around 18% below the average November 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

8 ELY CLOSE Sold Prices

Land registry data shows two sales for 8 ELY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 8 ELY 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
2018 9 NOV	£430,000	£522,569	18% below HPI
2000 20 JUL	£152,500	£178,927	15% below HPI

8 ELY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 8 ELY CLOSE sales from July 2000 and November 2018 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 July 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 ELY CLOSE be worth now?

8 ELY CLOSE might now be worth an estimated £503,875.

This is based on house price inflation of 17.2%, between November 2018 and October 2025, for 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 17.2% inflationary increase is applied to the most recent sale price for 8 ELY CLOSE of £430,000 on 9th November 2018. For the value to have increased from £430,000 to £503,875 over the seven years and one month to October 2025, the following assumptions must hold true:

• The value of 8 ELY CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The November 2018 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELY CLOSE has not materially changed since November 2018.

How Large is 8 ELY CLOSE?

8 ELY CLOSE is 101m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses houses in Flitwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Flitwick, and where 8 ELY CLOSE lies on this distribution: 31% of detached houses houses are smaller than 8 ELY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Flitwick.

8 ELY CLOSE: Plot and Title Map

8 ELY CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 8 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 8 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 8 ELY CLOSE?

8 ELY CLOSE is located in FLITWICK, in the MK45 postcode district. The below map shows the position of No. 8 on ELY CLOSE.