7, CRANE WAY, CRANFIELD, BEDFORD, MK43 0HW - £218,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 CRANE WAY is a very small extended semi-detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £259,450. It was last sold for £218,000 in October 2020, which was around 30% below the average October 2020 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

7 CRANE WAY Sold Prices

Land registry data shows two sales for 7 CRANE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 7 CRANE 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
2020 2 OCT	£218,000	£312,135	30% below HPI
2010 4 NOV	£78,000	£197,378	60% below HPI

7 CRANE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 7 CRANE WAY sales from November 2010 and October 2020 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 2010 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the October 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 7 CRANE WAY be worth now?

7 CRANE WAY might now be worth an estimated £259,450.

This is based on house price inflation of 19%, between October 2020 and December 2024, for semi-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 19% inflationary increase is applied to the most recent sale price for 7 CRANE WAY of £218,000 on 2nd October 2020. For the value to have increased from £218,000 to £259,450 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 CRANE WAY has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The October 2020 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CRANE WAY has not materially changed since October 2020.

How Large is 7 CRANE WAY?

7 CRANE WAY is 76m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of semi-detached houses houses in Cranfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cranfield, and where 7 CRANE WAY lies on this distribution: 4% of semi-detached houses houses are smaller than 7 CRANE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

7 CRANE WAY: Plot and Title Map

7 CRANE WAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 7 CRANE 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 7 CRANE 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.

Where is 7 CRANE WAY?

7 CRANE WAY is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 7 on CRANE WAY.