23, CRANE WAY, CRANFIELD, BEDFORD, MK43 0HH - £150,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 CRANE WAY is a very small semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £294,057. It was last sold for £150,000 in November 2011, which was around 21% below the average November 2011 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

23 CRANE WAY Sold Prices

Land registry data shows two sales for 23 CRANE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 23 CRANE 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
2011 30 NOV	£150,000	£189,496	21% below HPI
1999 5 FEB	£59,000	£77,419	24% below HPI

23 CRANE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 23 CRANE WAY sales from February 1999 and November 2011 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 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2011 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 23 CRANE WAY be worth now?

23 CRANE WAY might now be worth an estimated £294,057.

This is based on house price inflation of 96%, between November 2011 and December 2024, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96% inflationary increase is applied to the most recent sale price for 23 CRANE WAY of £150,000 on 30th November 2011. For the value to have increased from £150,000 to £294,057 over the twelve years and eleven months to December 2024, the following assumptions must hold true:

• The value of 23 CRANE WAY has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The November 2011 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CRANE WAY has not materially changed since November 2011.

How Large is 23 CRANE WAY?

23 CRANE WAY is 74m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of semi-detached houses houses in Cranfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cranfield, and where 23 CRANE WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 23 CRANE WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

23 CRANE WAY: Plot and Title Map

23 CRANE WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 23 CRANE 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 23 CRANE 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 23 CRANE WAY?

23 CRANE WAY is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 23 on CRANE WAY.