THE LODGE, LODGE ROAD, CRANFIELD, BEDFORD, MK43 0BG - £499,995

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

THE LODGE is a very large extended detached house of 160m², built sometime before 1900. It was last sold for £499,995 in November 2015, which was around 18% above the average November 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows three sales for THE LODGE 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 THE LODGE sales were 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
2015 9 NOV	£499,995	£424,921	18% above HPI
1999 1 NOV	£225,000	£155,113	45% above HPI
1998 5 JUN	£133,000	£128,988	3% above HPI

THE LODGE 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 THE LODGE sales between June 1998 and November 2015 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 1999 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the November 2015 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is THE LODGE?

THE LODGE is 160m², which includes one extension, according to the EPC inspection conducted in February 2013. 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 THE LODGE lies on this distribution: 87% of detached houses are smaller than THE LODGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.241 of an acre, or 975m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located on LODGE ROAD in CRANFIELD, in the MK43 postcode district. The below map shows the position of THE LODGE on LODGE ROAD.