2, LAUREL CLOSE, STANBRIDGE, LEIGHTON BUZZARD, LU7 9JP - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LAUREL CLOSE is a small detached house of 123m², built sometime between 1996 and 2002. It was last sold for £500,000 in May 2018, which was about the average May 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

2 LAUREL CLOSE Sold Prices

Land registry data shows three sales for 2 LAUREL 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. The three 2 LAUREL CLOSE sales were a mix of roughly equal to the average price, and 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
2018 4 MAY	£500,000	£500,162	Close to HPI
2017 13 DEC	£510,000	£501,202	2% above HPI
1996 5 JUL	£120,000	£101,685	18% above HPI

2 LAUREL 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 LAUREL CLOSE sales between July 1996 and May 2018 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 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2018 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 2 LAUREL CLOSE?

2 LAUREL CLOSE is 123m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses in Stanbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stanbridge, and where 2 LAUREL CLOSE lies on this distribution: 28% of detached houses are smaller than 2 LAUREL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Stanbridge.

2 LAUREL CLOSE: Plot and Title Map

2 LAUREL CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 LAUREL 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 LAUREL 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 LAUREL CLOSE?

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