1, MILLBANK, LEIGHTON BUZZARD, LU7 1AS - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MILLBANK is a midsized detached house of 120m², built sometime between 1967 and 1975. It was last sold for £320,000 in November 2016, which was around 32% below the average November 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

1 MILLBANK Sold Prices

Land registry data shows two sales for 1 MILLBANK 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 MILLBANK 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
2016 28 NOV	£320,000	£472,641	32% below HPI
2003 14 MAY	£192,500	£269,189	28% below HPI

1 MILLBANK 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 MILLBANK sales from May 2003 and November 2016 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 May 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 1 MILLBANK?

1 MILLBANK is 120m² according to the EPC inspection conducted in July 2016. This puts it in the largest 50% 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 MILLBANK lies on this distribution: 56% of detached houses are smaller than 1 MILLBANK, and 43% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

1 MILLBANK: Plot and Title Map

1 MILLBANK sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 1 MILLBANK, 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 MILLBANK). 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 MILLBANK?

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