40, CRANE WAY, CRANFIELD, BEDFORD, MK43 0HH - £370,000

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.

40 CRANE WAY is a very large extended detached house of 162m², built sometime between 1930 and 1949, which could now be worth an estimated £710,841. It was last sold for £370,000 in January 2011, which was around 14% above the average January 2011 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

40 CRANE WAY Sold Prices

Land registry data shows four sales for 40 CRANE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 40 CRANE WAY 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
2011 21 JAN	£370,000	£324,575	14% above HPI
2006 26 JUL	£320,000	£313,946	2% above HPI
2000 30 NOV	£235,000	£188,632	25% above HPI
1998 2 NOV	£159,950	£137,556	16% above HPI

40 CRANE 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 four 40 CRANE WAY sales between November 1998 and January 2011 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 July 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2011 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 40 CRANE WAY be worth now?

40 CRANE WAY might now be worth an estimated £710,841.

This is based on house price inflation of 92.1%, between January 2011 and February 2025, 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 92.1% inflationary increase is applied to the most recent sale price for 40 CRANE WAY of £370,000 on 21st January 2011. For the value to have increased from £370,000 to £710,841 over the thirteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 40 CRANE WAY has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The January 2011 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CRANE WAY has not materially changed since January 2011.

How Large is 40 CRANE WAY?

40 CRANE WAY is 162m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% 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 40 CRANE WAY lies on this distribution: 90% of detached houses houses are smaller than 40 CRANE WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Cranfield.

40 CRANE WAY: Plot and Title Map

40 CRANE WAY sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 40 CRANE 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 40 CRANE 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 40 CRANE WAY?

40 CRANE WAY is located in CRANFIELD, in the MK43 postcode district. The below map shows the position of No. 40 on CRANE WAY.