28, GRACES CLOSE, CRANFIELD, BEDFORD, MK43 0HQ - £320,000

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

28 GRACES CLOSE is a very small extended detached house of 77m², built sometime between 1991 and 1995. It was last sold for £320,000 in September 2021, which was around 38% below the average September 2021 detached price in the Central Bedfordshire 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.

28 GRACES CLOSE Sold Prices

Land registry data shows four sales for 28 GRACES 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 28 GRACES 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
2021 28 SEP	£320,000	£513,019	38% below HPI
2010 24 FEB	£180,000	£301,384	40% below HPI
1997 19 DEC	£80,000	£122,714	35% below HPI
1997 25 APR	£72,000	£108,196	33% below HPI

28 GRACES 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 28 GRACES CLOSE sales between April 1997 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 February 2010 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 28 GRACES CLOSE?

28 GRACES CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses by size in Cranfield, and where 28 GRACES CLOSE lies on this distribution: 4% of detached houses are smaller than 28 GRACES CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

28 GRACES CLOSE: Plot and Title Map

28 GRACES CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 28 GRACES 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 28 GRACES 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 28 GRACES CLOSE?

28 GRACES CLOSE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 28 on GRACES CLOSE.