3, LIME TREE CORNER, CRANFIELD, BEDFORD, MK43 0ZE - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 LIME TREE CORNER is a midsized detached house of 119m², which could now be worth an estimated £478,761. It was last sold for £450,000 in August 2023, which was around 22% below the average August 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was B.

3 LIME TREE CORNER Sold Prices

Land registry data shows two sales for 3 LIME TREE CORNER 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 3 LIME TREE CORNER 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
2023 29 AUG	£450,000	£574,974	22% below HPI
2016 22 DEC	£352,995	£487,836	28% below HPI

3 LIME TREE CORNER 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 3 LIME TREE CORNER sales from December 2016 and August 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 December 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 LIME TREE CORNER be worth now?

3 LIME TREE CORNER might now be worth an estimated £478,761.

This is based on house price inflation of 6.4%, between August 2023 and March 2026, 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 6.4% inflationary increase is applied to the most recent sale price for 3 LIME TREE CORNER of £450,000 on 29th August 2023. For the value to have increased from £450,000 to £478,761 over the three years and five months to March 2026, the following assumptions must hold true:

• The value of 3 LIME TREE CORNER has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The August 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LIME TREE CORNER has not materially changed since August 2023.

How Large is 3 LIME TREE CORNER?

3 LIME TREE CORNER is 119m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% 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 3 LIME TREE CORNER lies on this distribution: 47% of detached houses houses are smaller than 3 LIME TREE CORNER, and 52% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

3 LIME TREE CORNER: Plot and Title Map

3 LIME TREE CORNER sits on a plot of roughly 17.5 acres, or 71,000m². The below map shows the location of 3 LIME TREE CORNER, 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 3 LIME TREE CORNER). 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 3 LIME TREE CORNER?

3 LIME TREE CORNER is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 3 on LIME TREE CORNER.