10, MERCURY WAY, LEIGHTON BUZZARD, LU7 3UZ - £340,000

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

10 MERCURY WAY is a very small extended detached house of 89m², built sometime between 1976 and 1982. It was last sold for £340,000 in December 2021, which was around 36% below the average December 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

10 MERCURY WAY Sold Prices

Land registry data shows five sales for 10 MERCURY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 10 MERCURY 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
2021 16 DEC	£340,000	£529,363	36% below HPI
2013 24 JUN	£225,000	£321,070	30% below HPI
2006 31 MAY	£224,995	£300,365	25% below HPI
2003 22 AUG	£185,000	£270,759	32% below HPI
2001 9 NOV	£135,000	£203,726	34% below HPI

10 MERCURY 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 five 10 MERCURY WAY sales between November 2001 and December 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 June 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 10 MERCURY WAY?

10 MERCURY WAY is 89m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 10 MERCURY WAY lies on this distribution: 17% of detached houses are smaller than 10 MERCURY WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

10 MERCURY WAY: Plot and Title Map

10 MERCURY WAY sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 10 MERCURY 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 10 MERCURY 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 10 MERCURY WAY?

10 MERCURY WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 10 on MERCURY WAY.