1, BAKERY CLOSE, CRANFIELD, BEDFORD, MK43 0HE - £242,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BAKERY CLOSE is a small extended detached house of 105m², built sometime between 1991 and 1995. It was last sold for £242,500 in May 2013, which was around 25% below the average May 2013 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

1 BAKERY CLOSE Sold Prices

Land registry data shows three sales for 1 BAKERY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 1 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
2013 31 MAY	£242,500	£323,784	25% below HPI
2006 9 NOV	£268,000	£314,710	15% below HPI
1995 28 JUL	£85,000	£99,875	15% below HPI

1 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 three 1 BAKERY CLOSE sales between July 1995 and May 2013 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 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 BAKERY CLOSE?

1 BAKERY CLOSE is 105m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 30% of detached houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses by size in Cranfield, and where 1 BAKERY CLOSE lies on this distribution: 29% of detached houses are smaller than 1 BAKERY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

1 BAKERY CLOSE: Plot and Title Map

1 BAKERY CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 1 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 1 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 1 BAKERY CLOSE?

1 BAKERY CLOSE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 1 on BAKERY CLOSE.