2, MAREE CLOSE, LEIGHTON BUZZARD, LU7 2XG - £455,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MAREE CLOSE is a midsized extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £455,000 in September 2020, which was around 11% below the average September 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 MAREE CLOSE Sold Prices

Land registry data shows two sales for 2 MAREE CLOSE 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 MAREE 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
2020 25 SEP	£455,000	£510,526	11% below HPI
1997 9 DEC	£120,000	£122,714	2% below HPI

2 MAREE 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 two 2 MAREE CLOSE sales from December 1997 and September 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 December 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 MAREE CLOSE?

2 MAREE CLOSE is 116m², which includes four extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% 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 MAREE CLOSE lies on this distribution: 51% of detached houses are smaller than 2 MAREE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

2 MAREE CLOSE: Plot and Title Map

2 MAREE CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 2 MAREE 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 MAREE 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 MAREE CLOSE?

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