57, MILL ROAD, CRANFIELD, BEDFORD, MK43 0JG - £250,000

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

57 MILL ROAD is a small extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £250,000 in March 2012, which was around 20% below the average March 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

57 MILL ROAD Sold Prices

Land registry data shows three sales for 57 MILL ROAD 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 57 MILL ROAD 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
2012 15 MAR	£250,000	£312,942	20% below HPI
2003 27 JAN	£240,000	£258,195	7% below HPI
1995 7 AUG	£78,000	£100,594	22% below HPI

57 MILL ROAD 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 57 MILL ROAD sales between August 1995 and March 2012 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 January 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 57 MILL ROAD?

57 MILL ROAD is 111m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% 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 MILL ROAD lies on this distribution: 35% of detached houses are smaller than 57 MILL ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

57 MILL ROAD: Plot and Title Map

57 MILL ROAD sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 57 MILL ROAD, 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 MILL ROAD). 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 MILL ROAD?

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