21, ROWAN WAY, CRANFIELD, BEDFORD, MK43 0DH - £240,000

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

21 ROWAN WAY is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £240,000 in May 2007, which was around 25% below the average May 2007 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

21 ROWAN WAY Sold Prices

Land registry data shows two sales for 21 ROWAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 21 ROWAN WAY 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
2007 24 MAY	£240,000	£321,718	25% below HPI
1997 21 APR	£85,000	£108,196	21% below HPI

21 ROWAN WAY 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 two 21 ROWAN WAY sales from April 1997 and May 2007 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 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2007 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 21 ROWAN WAY?

21 ROWAN WAY is 98m², which includes one extension, according to the EPC inspection conducted in April 2022. 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 21 ROWAN WAY lies on this distribution: 23% of detached houses are smaller than 21 ROWAN WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

21 ROWAN WAY: Plot and Title Map

21 ROWAN WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 21 ROWAN WAY, 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 21 ROWAN WAY). 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 21 ROWAN WAY?

21 ROWAN WAY is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 21 on ROWAN WAY.