173, GRASMERE WAY, LEIGHTON BUZZARD, LU7 2QH - £495,000

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

173 GRASMERE WAY is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £495,000 in March 2021, which was about the average March 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

173 GRASMERE WAY Sold Prices

Land registry data shows two sales for 173 GRASMERE 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. One of the two 173 GRASMERE WAY sales was roughly equal to the average price, whilst the other was for above 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 17 MAR	£495,000	£494,175	Close to HPI
2001 24 APR	£215,000	£187,170	15% above HPI

173 GRASMERE 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 173 GRASMERE WAY sales from April 2001 and March 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 April 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 173 GRASMERE WAY?

173 GRASMERE WAY is 134m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% 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 173 GRASMERE WAY lies on this distribution: 73% of detached houses are smaller than 173 GRASMERE WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

173 GRASMERE WAY: Plot and Title Map

173 GRASMERE WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 173 GRASMERE 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 173 GRASMERE 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 173 GRASMERE WAY?

173 GRASMERE WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 173 on GRASMERE WAY.