1A, PENNIVALE CLOSE, LEIGHTON BUZZARD, LU7 3ES - £280,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1A PENNIVALE CLOSE is a very small detached house of 83m², built sometime from 2007 onwards. It was last sold for £280,000 in August 2021, which was around 45% below the average August 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2020, where the current energy rating was C, and the potential energy rating was B.

1A PENNIVALE CLOSE Sold Prices

Land registry data shows three sales for 1A PENNIVALE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 1A PENNIVALE CLOSE 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 19 AUG	£280,000	£510,532	45% below HPI
2020 11 SEP	£250,000	£510,526	51% below HPI
2003 10 JAN	£130,000	£258,195	50% below HPI

1A PENNIVALE CLOSE 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 three 1A PENNIVALE CLOSE sales between January 2003 and August 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 September 2020 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the August 2021 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 1A PENNIVALE CLOSE?

1A PENNIVALE CLOSE is 83m² according to the EPC inspection conducted in April 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 1A PENNIVALE CLOSE lies on this distribution: 13% of detached houses are smaller than 1A PENNIVALE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

1A PENNIVALE CLOSE: Plot and Title Map

1A PENNIVALE CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 1A PENNIVALE CLOSE, 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 1A PENNIVALE CLOSE). 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 1A PENNIVALE CLOSE?

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