4, BIRCH CLOSE, CRANFIELD, BEDFORD, MK43 0FP - £275,000

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.

4 BIRCH CLOSE is a very small terraced house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £335,327. It was last sold for £275,000 in October 2017, which was around 11% above the average October 2017 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

4 BIRCH CLOSE Sold Prices

Land registry data shows two sales for 4 BIRCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 4 BIRCH CLOSE 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
2017 31 OCT	£275,000	£246,904	11% above HPI
2007 27 JUN	£199,950	£170,849	17% above HPI

4 BIRCH CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 4 BIRCH CLOSE sales from June 2007 and October 2017 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 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2017 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 4 BIRCH CLOSE be worth now?

4 BIRCH CLOSE might now be worth an estimated £335,327.

This is based on house price inflation of 21.9%, between October 2017 and March 2026, for terraced 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 21.9% inflationary increase is applied to the most recent sale price for 4 BIRCH CLOSE of £275,000 on 31st October 2017. For the value to have increased from £275,000 to £335,327 over the nine years and seven months to March 2026, the following assumptions must hold true:

• The value of 4 BIRCH CLOSE has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The October 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BIRCH CLOSE has not materially changed since October 2017.

How Large is 4 BIRCH CLOSE?

4 BIRCH CLOSE is 77m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of terraced houses houses in Cranfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cranfield, and where 4 BIRCH CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 4 BIRCH CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

4 BIRCH CLOSE: Plot and Title Map

4 BIRCH CLOSE sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 4 BIRCH CLOSE, 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 4 BIRCH CLOSE). 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 4 BIRCH CLOSE?

4 BIRCH CLOSE is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 4 on BIRCH CLOSE.