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
6 ROWAN WAY is a small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £430,000 in September 2022, which was around 25% below the average September 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 6 ROWAN WAY since 1st 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 6 ROWAN WAY 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 23 SEP | £430,000 | £570,862 | 25% below HPI |
2017 27 JAN | £336,000 | £477,355 | 30% below HPI |
2007 17 DEC | £250,000 | £346,590 | 28% below HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 6 ROWAN WAY sales between December 2007 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 January 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
6 ROWAN WAY is 98m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses by size in Cranfield, and where 6 ROWAN WAY lies on this distribution: 23% of detached houses are smaller than 6 ROWAN WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Cranfield.
6 ROWAN WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 6 ROWAN WAY, 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 6 ROWAN WAY). 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.
6 ROWAN WAY is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 6 on ROWAN WAY.