2, CRANFIELD ROAD, WOOTTON, BEDFORD, MK43 9EB - £415,000

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 CRANFIELD ROAD is a midsized detached house of 125m², built sometime between 1967 and 1975. It was last sold for £415,000 in May 2023, which was around 24% below the average May 2023 detached price in the Bedford local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

2 CRANFIELD ROAD Sold Prices

Land registry data shows two sales for 2 CRANFIELD ROAD 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 CRANFIELD ROAD 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
2023 26 MAY	£415,000	£546,860	24% below HPI
2006 6 FEB	£212,000	£278,306	24% below HPI

2 CRANFIELD ROAD 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 CRANFIELD ROAD sales from February 2006 and May 2023 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 February 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2023 sale, which was also at 24% below the HPI.

How Large is 2 CRANFIELD ROAD?

2 CRANFIELD ROAD is 125m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 50% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 2 CRANFIELD ROAD lies on this distribution: 49% of detached houses are smaller than 2 CRANFIELD ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Wootton.

2 CRANFIELD ROAD: Plot and Title Map

2 CRANFIELD ROAD sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 2 CRANFIELD ROAD, 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 CRANFIELD ROAD). 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 CRANFIELD ROAD?

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