5, BAKERY CLOSE, CRANFIELD, BEDFORD, MK43 0HE - £324,000

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

5 BAKERY CLOSE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £324,000 in September 2018, which was around 36% below the average September 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

5 BAKERY CLOSE Sold Prices

Land registry data shows two sales for 5 BAKERY CLOSE 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 5 BAKERY 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
2018 10 SEP	£324,000	£508,617	36% below HPI
1996 27 SEP	£70,000	£104,302	33% below HPI

5 BAKERY 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 two 5 BAKERY CLOSE sales from September 1996 and September 2018 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 September 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 5 BAKERY CLOSE?

5 BAKERY CLOSE is 75m² according to the EPC inspection conducted in April 2018. 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 5 BAKERY CLOSE lies on this distribution: 3% of detached houses are smaller than 5 BAKERY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

5 BAKERY CLOSE: Plot and Title Map

5 BAKERY CLOSE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 5 BAKERY 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 5 BAKERY 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 5 BAKERY CLOSE?

5 BAKERY CLOSE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 5 on BAKERY CLOSE.