8, ROWAN WAY, CRANFIELD, BEDFORD, MK43 0DT - £245,000

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

8 ROWAN WAY is a small detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £436,155. It was last sold for £245,000 in January 2014, which was around 28% below the average January 2014 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

8 ROWAN WAY Sold Prices

Land registry data shows three sales for 8 ROWAN WAY 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 8 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
2014 28 JAN	£245,000	£342,274	28% below HPI
2002 20 SEP	£192,000	£247,406	22% below HPI
1996 20 JUN	£90,000	£103,068	13% below HPI

8 ROWAN WAY 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 8 ROWAN WAY sales between June 1996 and January 2014 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 September 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 ROWAN WAY be worth now?

8 ROWAN WAY might now be worth an estimated £436,155.

This is based on house price inflation of 78%, between January 2014 and December 2024, for 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 78% inflationary increase is applied to the most recent sale price for 8 ROWAN WAY of £245,000 on 28th January 2014. For the value to have increased from £245,000 to £436,155 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 8 ROWAN WAY has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The January 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ROWAN WAY has not materially changed since January 2014.

How Large is 8 ROWAN WAY?

8 ROWAN WAY is 115m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranfield, and where 8 ROWAN WAY lies on this distribution: 40% of detached houses houses are smaller than 8 ROWAN WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

8 ROWAN WAY: Plot and Title Map

8 ROWAN WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8 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 8 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.

Where is 8 ROWAN WAY?

8 ROWAN WAY is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 8 on ROWAN WAY.