17, RED LION CLOSE, CRANFIELD, BEDFORD, MK43 0JA - £322,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 RED LION CLOSE is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £322,500 in June 2017, which was around 34% below the average June 2017 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

17 RED LION CLOSE Sold Prices

Land registry data shows four sales for 17 RED LION CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 17 RED LION 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
2017 9 JUN	£322,500	£490,793	34% below HPI
2010 1 APR	£200,000	£304,802	34% below HPI
2006 28 JUL	£205,000	£306,550	33% below HPI
2005 19 APR	£197,000	£289,106	32% below HPI

17 RED LION 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 four 17 RED LION CLOSE sales between April 2005 and June 2017 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 April 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2017 sale, which was also at 34% below the HPI.

How Large is 17 RED LION CLOSE?

17 RED LION CLOSE is 102m², which includes three extensions, according to the EPC inspection conducted in June 2019. 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 17 RED LION CLOSE lies on this distribution: 26% of detached houses are smaller than 17 RED LION CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

17 RED LION CLOSE: Plot and Title Map

17 RED LION CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 17 RED LION 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 17 RED LION 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 17 RED LION CLOSE?

17 RED LION CLOSE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 17 on RED LION CLOSE.