22, HARE LANE, CRANFIELD, BEDFORD, MK43 0ZG - £495,000

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

22 HARE LANE is a very large detached house of 148m². It was last sold for £495,000 in September 2021, which was around 4% below the average September 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was B.

22 HARE LANE Sold Prices

Land registry data shows two sales for 22 HARE LANE 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 22 HARE LANE 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
2021 3 SEP	£495,000	£513,019	4% below HPI
2016 16 DEC	£429,950	£474,421	9% below HPI

22 HARE LANE 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 22 HARE LANE sales from December 2016 and September 2021 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 December 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 22 HARE LANE?

22 HARE LANE is 148m² according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses by size in Cranfield, and where 22 HARE LANE lies on this distribution: 80% of detached houses are smaller than 22 HARE LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

22 HARE LANE: Plot and Title Map

22 HARE LANE sits on a plot of roughly 2.5 acres, or 10,301m². The below map shows the location of 22 HARE LANE, 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 22 HARE LANE). 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 22 HARE LANE?

22 HARE LANE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 22 on HARE LANE.