1, CRANES CLOSE, TURVEY, BEDFORD, MK43 8EN - £275,000

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 CRANES CLOSE is a small detached house of 123m², built sometime between 1967 and 1975. It was last sold for £275,000 in May 2013, which was around 9% below the average May 2013 detached price in the Bedford local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

1 CRANES CLOSE Sold Prices

Land registry data shows two sales for 1 CRANES 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 Bedford local authority area for the corresponding sale date. One of the two 1 CRANES CLOSE sales was for below the average price, whilst the other was for above 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 17 MAY	£275,000	£303,778	9% below HPI
1998 17 JUL	£135,000	£118,269	14% above HPI

1 CRANES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 1 CRANES CLOSE sales from July 1998 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 July 1998 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2013 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 CRANES CLOSE?

1 CRANES CLOSE is 123m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses in Turvey, based on EPC data. The below chart shows the distribution of detached houses by size in Turvey, and where 1 CRANES CLOSE lies on this distribution: 24% of detached houses are smaller than 1 CRANES CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Turvey.

1 CRANES CLOSE: Plot and Title Map

1 CRANES CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 1 CRANES 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 CRANES 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 CRANES CLOSE?

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