7, EIGHT ACRES, CRANFIELD, BEDFORD, MK43 0GP - £565,000

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

7 EIGHT ACRES is a very large detached house of 156m². It was last sold for £565,000 in March 2023, which was around 2% below the average March 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

7 EIGHT ACRES Sold Prices

Land registry data shows two sales for 7 EIGHT ACRES 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. One of the two 7 EIGHT ACRES sales was for below the average price, whilst the other was for above 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
2023 17 MAR	£565,000	£576,170	2% below HPI
2016 20 JUN	£464,995	£453,494	3% above HPI

7 EIGHT ACRES 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 7 EIGHT ACRES sales from June 2016 and March 2023 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 June 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 EIGHT ACRES?

7 EIGHT ACRES is 156m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses by size in Cranfield, and where 7 EIGHT ACRES lies on this distribution: 85% of detached houses are smaller than 7 EIGHT ACRES, and 14% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

7 EIGHT ACRES: Plot and Title Map

7 EIGHT ACRES sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 7 EIGHT ACRES, 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 EIGHT ACRES). 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 EIGHT ACRES?

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