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

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

12 MERCURY WAY is a very large extended detached house of 153m², built sometime between 1950 and 1966, which could now be worth an estimated £500,829. It was last sold for £245,000 in July 2009, which was around 18% 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	£298,075	18% below HPI
2001 14 SEP	£162,000	£205,442	21% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2009 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 12 MERCURY WAY be worth now?

12 MERCURY WAY might now be worth an estimated £500,829.

This is based on house price inflation of 104.4%, between July 2009 and December 2024, for 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 104.4% inflationary increase is applied to the most recent sale price for 12 MERCURY WAY of £245,000 on 24th July 2009. For the value to have increased from £245,000 to £500,829 over the fourteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 12 MERCURY WAY has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The July 2009 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MERCURY WAY has not materially changed since July 2009.

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 houses in Leighton Buzzard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leighton Buzzard, and where 12 MERCURY WAY lies on this distribution: 85% of detached houses 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.