1, ROWAN WAY, CRANFIELD, BEDFORD, MK43 0DH - £558,000

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 ROWAN WAY is a very large extended detached house of 154m², built sometime between 1991 and 1995. It was last sold for £558,000 in July 2022, which was around 1% below the average July 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

1 ROWAN WAY Sold Prices

Land registry data shows three sales for 1 ROWAN WAY 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. Two of the three 1 ROWAN WAY sales were for below the average price, whilst one 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
2022 8 JUL	£558,000	£562,686	1% below HPI
2011 21 OCT	£360,000	£318,628	13% above HPI
2005 18 NOV	£270,000	£294,613	8% below HPI

1 ROWAN WAY 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 ROWAN WAY sales between November 2005 and July 2022 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 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 ROWAN WAY?

1 ROWAN WAY is 154m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% 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 ROWAN WAY lies on this distribution: 84% of detached houses are smaller than 1 ROWAN WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

1 ROWAN WAY: Plot and Title Map

1 ROWAN WAY sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 1 ROWAN WAY, 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 ROWAN WAY). 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 ROWAN WAY?

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