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

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

12 ROWAN WAY is a large detached house of 134m², built sometime between 1991 and 1995, which could now be worth an estimated £476,481. It was last sold for £408,500 in October 2018, which was around 22% 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	£522,391	22% below HPI
2004 9 JAN	£260,000	£281,803	8% 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 12 ROWAN WAY be worth now?

12 ROWAN WAY might now be worth an estimated £476,481.

This is based on house price inflation of 16.6%, between October 2018 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 16.6% inflationary increase is applied to the most recent sale price for 12 ROWAN WAY of £408,500 on 12th October 2018. For the value to have increased from £408,500 to £476,481 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 12 ROWAN WAY has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The October 2018 sale price of £408,500 represented a fair market value for the property.
• The size, condition, and specification of 12 ROWAN WAY has not materially changed since October 2018.

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 houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranfield, and where 12 ROWAN WAY lies on this distribution: 63% of detached houses 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.