2, BAKERY CLOSE, CRANFIELD, BEDFORD, MK43 0HE - £226,000

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

2 BAKERY CLOSE is a very small extended detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £388,467. It was last sold for £226,000 in May 2014, which was around 36% below the average May 2014 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

2 BAKERY CLOSE Sold Prices

Land registry data shows four sales for 2 BAKERY 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 2 BAKERY 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
2014 30 MAY	£226,000	£354,489	36% below HPI
1999 4 JUN	£93,000	£141,046	34% below HPI
1998 4 FEB	£82,500	£125,837	34% below HPI
1995 6 OCT	£72,000	£101,272	29% below HPI

2 BAKERY 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 2 BAKERY CLOSE sales between October 1995 and May 2014 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 June 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 BAKERY CLOSE be worth now?

2 BAKERY CLOSE might now be worth an estimated £388,467.

This is based on house price inflation of 71.9%, between May 2014 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 71.9% inflationary increase is applied to the most recent sale price for 2 BAKERY CLOSE of £226,000 on 30th May 2014. For the value to have increased from £226,000 to £388,467 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 2 BAKERY CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The May 2014 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BAKERY CLOSE has not materially changed since May 2014.

How Large is 2 BAKERY CLOSE?

2 BAKERY CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% 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 2 BAKERY CLOSE lies on this distribution: 6% of detached houses houses are smaller than 2 BAKERY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

2 BAKERY CLOSE: Plot and Title Map

2 BAKERY CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 2 BAKERY 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 2 BAKERY 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 2 BAKERY CLOSE?

2 BAKERY CLOSE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 2 on BAKERY CLOSE.