2, JERRARD CLOSE, LEIGHTON BUZZARD, LU7 4WY - £250,000

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

2 JERRARD CLOSE is a very small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £389,633. It was last sold for £250,000 in January 2015, which was around 36% below the average January 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

2 JERRARD CLOSE Sold Prices

Land registry data shows five sales for 2 JERRARD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 2 JERRARD 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
2015 28 JAN	£250,000	£390,961	36% below HPI
2011 15 DEC	£227,000	£316,996	28% below HPI
2005 30 MAR	£223,500	£297,298	25% below HPI
2003 3 SEP	£197,000	£278,786	29% below HPI
2001 16 FEB	£141,500	£187,922	25% below HPI

2 JERRARD 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 five 2 JERRARD CLOSE sales between February 2001 and January 2015 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 December 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 JERRARD CLOSE be worth now?

2 JERRARD CLOSE might now be worth an estimated £389,633.

This is based on house price inflation of 55.9%, between January 2015 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 55.9% inflationary increase is applied to the most recent sale price for 2 JERRARD CLOSE of £250,000 on 28th January 2015. For the value to have increased from £250,000 to £389,633 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 2 JERRARD CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The January 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 JERRARD CLOSE has not materially changed since January 2015.

How Large is 2 JERRARD CLOSE?

2 JERRARD CLOSE is 84m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 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 2 JERRARD CLOSE lies on this distribution: 14% of detached houses houses are smaller than 2 JERRARD CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

2 JERRARD CLOSE: Plot and Title Map

2 JERRARD CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 2 JERRARD 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 JERRARD 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 JERRARD CLOSE?

2 JERRARD CLOSE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 2 on JERRARD CLOSE.