2, HIGH BANKS, STANBRIDGE, LEIGHTON BUZZARD, LU7 9HU - £762,500

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 HIGH BANKS is a very large extended detached house of 246m², built sometime between 1950 and 1966, which could now be worth an estimated £930,756. It was last sold for £762,500 in July 2020, which was around 49% above the average July 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was C.

2 HIGH BANKS Sold Prices

Land registry data shows four sales for 2 HIGH BANKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 2 HIGH BANKS sales 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
2020 13 JUL	£762,500	£510,846	49% above HPI
2010 25 AUG	£590,000	£328,450	80% above HPI
2003 30 SEP	£420,000	£278,786	51% above HPI
1996 3 MAY	£195,000	£101,072	93% above HPI

2 HIGH BANKS 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 four 2 HIGH BANKS sales between May 1996 and July 2020 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 August 2010 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the July 2020 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 2 HIGH BANKS be worth now?

2 HIGH BANKS might now be worth an estimated £930,756.

This is based on house price inflation of 22.1%, between July 2020 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 22.1% inflationary increase is applied to the most recent sale price for 2 HIGH BANKS of £762,500 on 13th July 2020. For the value to have increased from £762,500 to £930,756 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 2 HIGH BANKS has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The July 2020 sale price of £762,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGH BANKS has not materially changed since July 2020.

How Large is 2 HIGH BANKS?

2 HIGH BANKS is 246m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 10% 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 HIGH BANKS lies on this distribution: 91% of detached houses houses are smaller than 2 HIGH BANKS, and 9% of houses are larger. Note that EPC data is not available for all properties in Stanbridge.

2 HIGH BANKS: Plot and Title Map

2 HIGH BANKS sits on a plot of roughly 0.420 of an acre, or 1,699m². The below map shows the location of 2 HIGH BANKS, 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 HIGH BANKS). 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 HIGH BANKS?

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