7 Merchant Lane, Cranfield, Bedford, MK43 0DA is a freehold semi-detached property built between 1967-1975. The property offers approximately 904 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £378,049 , which equates to approximately £418 per square foot. It was last sold on 6 Oct 2020 for £310,000. Since then, the value has increased by £68,049, representing a 22.0% increase, or approximately 4.2% per year.

The current estimated value of £378,049 is:

  • 19.6% lower than the average property price on Merchant Lane
  • 30.1% lower than the average in the MK43 0DA postcode area
  • and 13.9% higher than the average price for Bedford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 30 June 2020, the property was recorded as owner-occupied.

View sold house prices in MK43 0DA

Building approximate location

About Property

Type
Semi-Detached Bungalow
Built
1967-1975
Interior Size
904 sq ft
Tenure
Freehold
Price (estimate)
£378,049
Price Per sq ft (estimate)
£418
Bedroom Count (estimate)
3 bedrooms

EPC Summary

7 Merchant Lane, Cranfield, Bedford, Central Bedfordshire, Bedfordshire, MK43 0DA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Jun 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Apr 2010. The rating of D remains the same, but the energy efficiency score improved by 17.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, limited insulation (assumed), changing energy efficiency from average to very poor.
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from no low energy lighting to low energy lighting in 91% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, limited insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 91% of fixed outlets
Very Good

Compared to MK43 0DA

11 th / 14
Price Rank
30% lower than average
6 th / 7
Size Rank
39% smaller than average
2 nd / 7
Price Per Sq FT Rank
14% higher than average

Compared to other properties in MK43 0DA , this bungalow's estimated value ranks 11th out of 14. Based on price per square foot, it ranks 2nd out of 7 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 7 properties in its postcode area.

Sale History

Today
£378,049
streetscan.co.uk estimate
+22 %
6 Oct 2020
£310,000
Leasehold
+34.8 %
16 Nov 2010
£230,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1023 sq ft
sale price: £199,000
sale date: 6 Jan 2006

Data Sources

The property at 7 Merchant Lane, Cranfield, Bedford, MK43 0DA appears two times in the Land Registry records, with the latest transaction recorded on 6 Oct 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jun 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.