2, GREEN CLOSE, STANBRIDGE, LEIGHTON BUZZARD, LU7 9JL - £405,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GREEN CLOSE is a midsized extended detached house of 140m², built sometime between 1976 and 1982, which could now be worth an estimated £563,012. It was last sold for £405,000 in February 2016, which was around 10% below the average February 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

2 GREEN CLOSE Sold Prices

Land registry data shows three sales for 2 GREEN 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. One of the three 2 GREEN CLOSE sales was for below the average price, whilst two were 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
2016 25 FEB	£405,000	£448,563	10% below HPI
2007 14 SEP	£395,000	£346,993	14% above HPI
1999 9 FEB	£157,000	£135,169	16% above HPI

2 GREEN 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 2 GREEN CLOSE sales between February 1999 and February 2016 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 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 GREEN CLOSE be worth now?

2 GREEN CLOSE might now be worth an estimated £563,012.

This is based on house price inflation of 39%, between February 2016 and February 2025, 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 39% inflationary increase is applied to the most recent sale price for 2 GREEN CLOSE of £405,000 on 25th February 2016. For the value to have increased from £405,000 to £563,012 over the nine years to February 2025, the following assumptions must hold true:

• The value of 2 GREEN CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The February 2016 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREEN CLOSE has not materially changed since February 2016.

How Large is 2 GREEN CLOSE?

2 GREEN CLOSE is 140m², which includes two extensions, according to the EPC inspection conducted in January 2009. This puts it in the smallest 50% of detached houses houses in Stanbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanbridge, and where 2 GREEN CLOSE lies on this distribution: 42% of detached houses houses are smaller than 2 GREEN CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Stanbridge.

2 GREEN CLOSE: Plot and Title Map

2 GREEN CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 2 GREEN 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 2 GREEN 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 2 GREEN CLOSE?

2 GREEN CLOSE is located in STANBRIDGE, in the LU7 postcode district. The below map shows the position of No. 2 on GREEN CLOSE.