9, BEDFORD CLOSE, KEGWORTH, DERBY, DE74 2EA - £154,500

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.

9 BEDFORD CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £263,679. It was last sold for £154,500 in May 2014, which was around 33% below the average May 2014 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

9 BEDFORD CLOSE Sold Prices

Land registry data shows four sales for 9 BEDFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 9 BEDFORD 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
2014 14 MAY	£154,500	£232,265	33% below HPI
2007 29 OCT	£155,000	£241,103	36% below HPI
2006 21 APR	£147,000	£219,489	33% below HPI
2001 25 MAY	£61,000	£116,801	48% below HPI

9 BEDFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 9 BEDFORD CLOSE sales between May 2001 and May 2014 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 October 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 9 BEDFORD CLOSE be worth now?

9 BEDFORD CLOSE might now be worth an estimated £263,679.

This is based on house price inflation of 70.7%, between May 2014 and May 2026, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.7% inflationary increase is applied to the most recent sale price for 9 BEDFORD CLOSE of £154,500 on 14th May 2014. For the value to have increased from £154,500 to £263,679 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 9 BEDFORD CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The May 2014 sale price of £154,500 represented a fair market value for the property.
• The size, condition, and specification of 9 BEDFORD CLOSE has not materially changed since May 2014.

How Large is 9 BEDFORD CLOSE?

9 BEDFORD CLOSE is 80m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses houses in Kegworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kegworth, and where 9 BEDFORD CLOSE lies on this distribution: 19% of detached houses houses are smaller than 9 BEDFORD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Kegworth.

9 BEDFORD CLOSE: Plot and Title Map

9 BEDFORD CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 9 BEDFORD 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 9 BEDFORD 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 9 BEDFORD CLOSE?

9 BEDFORD CLOSE is located in KEGWORTH, in the DE74 postcode district. The below map shows the position of No. 9 on BEDFORD CLOSE.