12, ROWAN WAY, CRANFIELD, BEDFORD, MK43 0DT - £408,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 ROWAN WAY is a large detached house of 134m², built sometime between 1991 and 1995. It was last sold for £408,500 in October 2018, which was around 20% below the average October 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

12 ROWAN WAY Sold Prices

Land registry data shows two sales for 12 ROWAN WAY 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 12 ROWAN WAY 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
2018 12 OCT	£408,500	£508,026	20% below HPI
2004 9 JAN	£260,000	£275,164	6% below HPI

12 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 two 12 ROWAN WAY sales from January 2004 and October 2018 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 January 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 ROWAN WAY?

12 ROWAN WAY is 134m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses by size in Cranfield, and where 12 ROWAN WAY lies on this distribution: 62% of detached houses are smaller than 12 ROWAN WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

12 ROWAN WAY: Plot and Title Map

12 ROWAN WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 12 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 12 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 12 ROWAN WAY?

12 ROWAN WAY is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 12 on ROWAN WAY.