9, GILPIN CLOSE, HOUGHTON REGIS, DUNSTABLE, LU5 5SL - £222,000

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.

9 GILPIN CLOSE is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £264,711. It was last sold for £222,000 in December 2017, which was around 10% below the average December 2017 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

9 GILPIN CLOSE Sold Prices

Land registry data shows six sales for 9 GILPIN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. All of the six 9 GILPIN 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
2017 18 DEC	£222,000	£247,407	10% below HPI
2013 29 NOV	£136,000	£167,096	19% below HPI
2007 15 MAY	£148,000	£167,754	12% below HPI
2004 7 JAN	£110,000	£131,456	16% below HPI
2001 12 JAN	£65,625	£82,926	21% below HPI
1996 28 AUG	£40,500	£48,404	16% below HPI

9 GILPIN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The six 9 GILPIN CLOSE sales between August 1996 and December 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 November 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 9 GILPIN CLOSE be worth now?

9 GILPIN CLOSE might now be worth an estimated £264,711.

This is based on house price inflation of 19.2%, between December 2017 and June 2025, for terraced 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 19.2% inflationary increase is applied to the most recent sale price for 9 GILPIN CLOSE of £222,000 on 18th December 2017. For the value to have increased from £222,000 to £264,711 over the eight years and six months to June 2025, the following assumptions must hold true:

• The value of 9 GILPIN CLOSE has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The December 2017 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GILPIN CLOSE has not materially changed since December 2017.

How Large is 9 GILPIN CLOSE?

9 GILPIN CLOSE is 56m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of terraced houses houses in Houghton Regis, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Houghton Regis, and where 9 GILPIN CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 9 GILPIN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Houghton Regis.

9 GILPIN CLOSE: Plot and Title Map

9 GILPIN CLOSE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 9 GILPIN 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 GILPIN 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 GILPIN CLOSE?

9 GILPIN CLOSE is located in HOUGHTON REGIS, in the LU5 postcode district. The below map shows the position of No. 9 on GILPIN CLOSE.