5, PINCORDS LANE, CRANFIELD, BEDFORD, MK43 1AA - £383,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PINCORDS LANE is a large detached house of 140m², which could now be worth an estimated £469,996. It was last sold for £383,000 in March 2021, which was around 25% below the average March 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

5 PINCORDS LANE Sold Prices

Land registry data shows two sales for 5 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 5 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
2021 24 MAR	£383,000	£508,148	25% below HPI
2017 15 DEC	£377,500	£515,374	27% below HPI

5 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 5 PINCORDS LANE sales from December 2017 and March 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 December 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 PINCORDS LANE be worth now?

5 PINCORDS LANE might now be worth an estimated £469,996.

This is based on house price inflation of 22.7%, between March 2021 and February 2025, for 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 22.7% inflationary increase is applied to the most recent sale price for 5 PINCORDS LANE of £383,000 on 24th March 2021. For the value to have increased from £383,000 to £469,996 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 5 PINCORDS LANE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The March 2021 sale price of £383,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PINCORDS LANE has not materially changed since March 2021.

How Large is 5 PINCORDS LANE?

5 PINCORDS LANE is 140m² according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranfield, and where 5 PINCORDS LANE lies on this distribution: 76% of detached houses houses are smaller than 5 PINCORDS LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

5 PINCORDS LANE: Plot and Title Map

5 PINCORDS LANE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 5 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 5 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 5 PINCORDS LANE?

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