1, CHESTNUT RISE, LEIGHTON BUZZARD, LU7 2TW - £440,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CHESTNUT RISE is a very small detached house of 53m², built sometime between 1967 and 1975. It was last sold for £440,000 in September 2021, which was around 14% below the average September 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

1 CHESTNUT RISE Sold Prices

Land registry data shows two sales for 1 CHESTNUT RISE 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 1 CHESTNUT RISE 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
2021 29 SEP	£440,000	£513,019	14% below HPI
2014 4 SEP	£275,000	£368,241	25% below HPI

1 CHESTNUT RISE 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 1 CHESTNUT RISE sales from September 2014 and September 2021 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 September 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 CHESTNUT RISE?

1 CHESTNUT RISE is 53m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Leighton Buzzard, based on EPC data. The below chart shows the distribution of detached houses by size in Leighton Buzzard, and where 1 CHESTNUT RISE lies on this distribution: 1% of detached houses are smaller than 1 CHESTNUT RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

1 CHESTNUT RISE: Plot and Title Map

1 CHESTNUT RISE sits on a plot of roughly 0.150 of an acre, or 605m². The below map shows the location of 1 CHESTNUT RISE, 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 1 CHESTNUT RISE). 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 1 CHESTNUT RISE?

1 CHESTNUT RISE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 1 on CHESTNUT RISE.