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 LOCHY DRIVE is a very small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £400,000 in June 2024, which was around 31% below the average June 2024 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 2 LOCHY DRIVE since 1st 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 LOCHY DRIVE 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 |
---|---|---|---|
2024 28 JUN | £400,000 | £581,717 | 31% below HPI |
2011 11 JAN | £220,000 | £316,929 | 31% below HPI |
2004 21 MAY | £215,000 | £276,241 | 22% below HPI |
2001 1 NOV | £139,000 | £203,726 | 32% below HPI |
2000 29 AUG | £136,500 | £179,276 | 24% below HPI |
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 LOCHY DRIVE sales between August 2000 and June 2024 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 January 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2024 sale, which was also at 31% below the HPI.
2 LOCHY DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in January 2015. 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 2 LOCHY DRIVE lies on this distribution: 13% of detached houses are smaller than 2 LOCHY DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.
2 LOCHY DRIVE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 2 LOCHY DRIVE, 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 LOCHY DRIVE). 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.
2 LOCHY DRIVE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 2 on LOCHY DRIVE.