12, MERCURY WAY, LEIGHTON BUZZARD, LU7 3UZ - £245,000

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

12 MERCURY WAY is a very large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £245,000 in July 2009, which was around 16% below the average July 2009 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

12 MERCURY WAY Sold Prices

Land registry data shows two sales for 12 MERCURY WAY 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 12 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
2009 24 JUL	£245,000	£291,053	16% below HPI
2001 14 SEP	£162,000	£200,602	19% below HPI

12 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 two 12 MERCURY WAY sales from September 2001 and July 2009 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 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2009 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 12 MERCURY WAY?

12 MERCURY WAY is 153m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 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 12 MERCURY WAY lies on this distribution: 85% of detached houses are smaller than 12 MERCURY WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

12 MERCURY WAY: Plot and Title Map

12 MERCURY WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 12 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 12 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 12 MERCURY WAY?

12 MERCURY WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 12 on MERCURY WAY.