16, TOWNSEND CLOSE, CRANFIELD, BEDFORD, MK43 0DJ - £315,000

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

16 TOWNSEND CLOSE is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £315,000 in September 2021, which was around 39% below the average September 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

16 TOWNSEND CLOSE Sold Prices

Land registry data shows two sales for 16 TOWNSEND 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 16 TOWNSEND 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 27 SEP	£315,000	£513,019	39% below HPI
2015 27 OCT	£237,000	£419,016	43% below HPI

16 TOWNSEND 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 16 TOWNSEND CLOSE sales from October 2015 and September 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 October 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 16 TOWNSEND CLOSE?

16 TOWNSEND CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses by size in Cranfield, and where 16 TOWNSEND CLOSE lies on this distribution: 27% of detached houses are smaller than 16 TOWNSEND CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

16 TOWNSEND CLOSE: Plot and Title Map

16 TOWNSEND CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 16 TOWNSEND 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 16 TOWNSEND 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 16 TOWNSEND CLOSE?

16 TOWNSEND CLOSE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 16 on TOWNSEND CLOSE.