10, GEORGES CLOSE, CRANFIELD, BEDFORD, MK43 0YE - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 GEORGES CLOSE is a small detached house of 112m², which could now be worth an estimated £456,712. It was last sold for £385,000 in April 2021, which was around 25% below the average April 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.

10 GEORGES CLOSE Sold Prices

Land registry data shows two sales for 10 GEORGES 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 10 GEORGES 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
2021 14 APR	£385,000	£513,650	25% below HPI
2017 31 MAR	£337,950	£491,484	31% below HPI

10 GEORGES 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 two 10 GEORGES CLOSE sales from March 2017 and April 2021 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 March 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 10 GEORGES CLOSE be worth now?

10 GEORGES CLOSE might now be worth an estimated £456,712.

This is based on house price inflation of 18.6%, between April 2021 and December 2024, for detached 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 18.6% inflationary increase is applied to the most recent sale price for 10 GEORGES CLOSE of £385,000 on 14th April 2021. For the value to have increased from £385,000 to £456,712 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 10 GEORGES CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The April 2021 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GEORGES CLOSE has not materially changed since April 2021.

How Large is 10 GEORGES CLOSE?

10 GEORGES CLOSE is 112m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% of detached houses houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranfield, and where 10 GEORGES CLOSE lies on this distribution: 35% of detached houses houses are smaller than 10 GEORGES CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

10 GEORGES CLOSE: Plot and Title Map

10 GEORGES CLOSE sits on a plot of roughly 17.5 acres, or 71,000m². The below map shows the location of 10 GEORGES 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 10 GEORGES 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 10 GEORGES CLOSE?

10 GEORGES CLOSE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 10 on GEORGES CLOSE.