2, MALVERN DRIVE, LEIGHTON BUZZARD, LU7 2UH - £335,000

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 MALVERN DRIVE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £335,000 in March 2019, which was around 34% below the average March 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

2 MALVERN DRIVE Sold Prices

Land registry data shows two sales for 2 MALVERN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 2 MALVERN 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
2019 27 MAR	£335,000	£505,489	34% below HPI
2004 19 JAN	£215,000	£275,164	22% below HPI

2 MALVERN DRIVE 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 two 2 MALVERN DRIVE sales from January 2004 and March 2019 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 MALVERN DRIVE?

2 MALVERN DRIVE is 69m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% 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 MALVERN DRIVE lies on this distribution: 4% of detached houses are smaller than 2 MALVERN DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

2 MALVERN DRIVE: Plot and Title Map

2 MALVERN DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 2 MALVERN 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 MALVERN 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.

Where is 2 MALVERN DRIVE?

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