2, BAKERY CLOSE, CRANFIELD, BEDFORD, MK43 0HE - £226,000

2 BAKERY CLOSE is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £226,000 in May 2014, which was around 35% below the average May 2014 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

2 BAKERY CLOSE Sold Prices

Land registry data shows four sales for 2 BAKERY 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 Central Bedfordshire local authority area for the corresponding sale date. All of the four 2 BAKERY 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 30 MAY	£226,000	£346,137	35% below HPI
1999 4 JUN	£93,000	£137,723	32% below HPI
1998 4 FEB	£82,500	£122,873	33% below HPI
1995 6 OCT	£72,000	£98,886	27% below HPI

2 BAKERY 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 four 2 BAKERY CLOSE sales between October 1995 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 June 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 BAKERY CLOSE?

2 BAKERY CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses by size in Cranfield, and where 2 BAKERY CLOSE lies on this distribution: 6% of detached houses are smaller than 2 BAKERY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

2 BAKERY CLOSE: Plot and Title Map

2 BAKERY CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 2 BAKERY 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 2 BAKERY 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 2 BAKERY CLOSE?

2 BAKERY CLOSE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 2 on BAKERY CLOSE.