48, PINCORDS LANE, CRANFIELD, BEDFORD, MK43 1AA - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 PINCORDS LANE is a midsized detached house of 116m². It was last sold for £450,000 in April 2024, which was around 20% below the average April 2024 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was A.

48 PINCORDS LANE Sold Prices

Land registry data shows two sales for 48 PINCORDS 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 48 PINCORDS 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
2024 26 APR	£450,000	£563,767	20% below HPI
2020 24 JUN	£429,950	£496,515	13% below HPI

48 PINCORDS 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 48 PINCORDS LANE sales from June 2020 and April 2024 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 June 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 48 PINCORDS LANE?

48 PINCORDS LANE is 116m² according to the EPC inspection conducted in May 2020. 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 48 PINCORDS LANE lies on this distribution: 41% of detached houses are smaller than 48 PINCORDS LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

48 PINCORDS LANE: Plot and Title Map

48 PINCORDS LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 48 PINCORDS 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 48 PINCORDS 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 48 PINCORDS LANE?

48 PINCORDS LANE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 48 on PINCORDS LANE.