2, TOWNSEND CLOSE, CRANFIELD, BEDFORD, MK43 0DJ - £230,000

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 TOWNSEND CLOSE is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £230,000 in December 2010, which was around 28% below the average December 2010 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

2 TOWNSEND CLOSE Sold Prices

Land registry data shows four sales for 2 TOWNSEND 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 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
2010 14 DEC	£230,000	£320,860	28% below HPI
2007 19 FEB	£225,000	£316,595	29% below HPI
2003 11 AUG	£184,000	£270,759	32% below HPI
1995 9 MAR	£66,500	£97,605	32% below HPI

2 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 four 2 TOWNSEND CLOSE sales between March 1995 and December 2010 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 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2010 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 TOWNSEND CLOSE?

2 TOWNSEND CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 2 TOWNSEND CLOSE lies on this distribution: 22% of detached houses are smaller than 2 TOWNSEND CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

2 TOWNSEND CLOSE: Plot and Title Map

2 TOWNSEND CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 2 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 2 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 2 TOWNSEND CLOSE?

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