40, WILLOW SPRINGS, CRANFIELD, BEDFORD, MK43 0DS - £400,000

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

40 WILLOW SPRINGS is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £400,000 in May 2021, which was around 20% below the average May 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

40 WILLOW SPRINGS Sold Prices

Land registry data shows three sales for 40 WILLOW SPRINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 40 WILLOW SPRINGS 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 7 MAY	£400,000	£501,260	20% below HPI
2012 27 JUL	£265,000	£315,620	16% below HPI
1997 20 OCT	£104,500	£121,709	14% below HPI

40 WILLOW SPRINGS 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 three 40 WILLOW SPRINGS sales between October 1997 and May 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 July 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 40 WILLOW SPRINGS?

40 WILLOW SPRINGS is 118m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% of detached houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses by size in Cranfield, and where 40 WILLOW SPRINGS lies on this distribution: 44% of detached houses are smaller than 40 WILLOW SPRINGS, and 54% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

40 WILLOW SPRINGS: Plot and Title Map

40 WILLOW SPRINGS sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 40 WILLOW SPRINGS, 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 40 WILLOW SPRINGS). 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 40 WILLOW SPRINGS?

40 WILLOW SPRINGS is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 40 on WILLOW SPRINGS.