57, HARE LANE, CRANFIELD, BEDFORD, MK43 0ZG - £390,000

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

57 HARE LANE is a midsized detached house of 119m². It was last sold for £390,000 in September 2022, which was around 32% below the average September 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was B.

57 HARE LANE Sold Prices

Land registry data shows two sales for 57 HARE 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 57 HARE 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
2022 21 SEP	£390,000	£570,862	32% below HPI
2018 29 NOV	£314,950	£508,200	38% below HPI

57 HARE 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 57 HARE LANE sales from November 2018 and September 2022 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 November 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 57 HARE LANE?

57 HARE LANE is 119m² according to the EPC inspection conducted in October 2018. 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 57 HARE LANE lies on this distribution: 46% of detached houses are smaller than 57 HARE LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

57 HARE LANE: Plot and Title Map

57 HARE LANE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 57 HARE 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 57 HARE 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 57 HARE LANE?

57 HARE LANE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 57 on HARE LANE.