8, THE ROES, CRANFIELD, BEDFORD, MK43 1AP - £455,000

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

8 THE ROES is a midsized detached house of 116m². It was last sold for £455,000 in February 2022, which was around 15% below the average February 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

8 THE ROES Sold Prices

Land registry data shows two sales for 8 THE ROES 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. Both of the two 8 THE ROES 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 4 FEB	£455,000	£534,445	15% below HPI
2019 21 JUN	£410,000	£486,015	16% below HPI

8 THE ROES 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 8 THE ROES sales from June 2019 and February 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 June 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 THE ROES?

8 THE ROES is 116m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Cranfield, based on EPC data. The below chart shows the distribution of detached houses by size in Cranfield, and where 8 THE ROES lies on this distribution: 41% of detached houses are smaller than 8 THE ROES, and 56% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

8 THE ROES: Plot and Title Map

8 THE ROES sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 8 THE ROES, 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 THE ROES). 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 THE ROES?

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