1, CORMORANT WAY, LEIGHTON BUZZARD, LU7 4UY - £267,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CORMORANT WAY is a very small semi-detached house of 83m², built sometime between 2003 and 2006, which could now be worth an estimated £324,662. It was last sold for £267,000 in May 2020, which was around 13% below the average May 2020 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

1 CORMORANT WAY Sold Prices

Land registry data shows two sales for 1 CORMORANT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 1 CORMORANT WAY 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
2020 7 MAY	£267,000	£305,506	13% below HPI
2014 23 APR	£205,000	£211,499	3% below HPI

1 CORMORANT WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 1 CORMORANT WAY sales from April 2014 and May 2020 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 April 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 CORMORANT WAY be worth now?

1 CORMORANT WAY might now be worth an estimated £324,662.

This is based on house price inflation of 21.6%, between May 2020 and December 2024, for semi-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 21.6% inflationary increase is applied to the most recent sale price for 1 CORMORANT WAY of £267,000 on 7th May 2020. For the value to have increased from £267,000 to £324,662 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 1 CORMORANT WAY has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The May 2020 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CORMORANT WAY has not materially changed since May 2020.

How Large is 1 CORMORANT WAY?

1 CORMORANT WAY is 83m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of semi-detached houses houses in Leighton Buzzard, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leighton Buzzard, and where 1 CORMORANT WAY lies on this distribution: 12% of semi-detached houses houses are smaller than 1 CORMORANT WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

1 CORMORANT WAY: Plot and Title Map

1 CORMORANT WAY sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 1 CORMORANT 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 1 CORMORANT 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 1 CORMORANT WAY?

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