2, CRANES CLOSE, TURVEY, BEDFORD, MK43 8EN - £296,000

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

2 CRANES CLOSE is a midsized extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £296,000 in December 2008, which was around 8% above the average December 2008 detached price in the Bedford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

2 CRANES CLOSE Sold Prices

Land registry data shows two sales for 2 CRANES 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 Bedford local authority area for the corresponding sale date. Both of the two 2 CRANES CLOSE sales were for above 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
2008 19 DEC	£296,000	£274,366	8% above HPI
2003 25 APR	£290,000	£240,333	21% above HPI

2 CRANES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 2 CRANES CLOSE sales from April 2003 and December 2008 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 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2008 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 CRANES CLOSE?

2 CRANES CLOSE is 142m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses in Turvey, based on EPC data. The below chart shows the distribution of detached houses by size in Turvey, and where 2 CRANES CLOSE lies on this distribution: 43% of detached houses are smaller than 2 CRANES CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Turvey.

2 CRANES CLOSE: Plot and Title Map

2 CRANES CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 CRANES 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 CRANES 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 CRANES CLOSE?

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