2, PEDDARS LANE, STANBRIDGE, LEIGHTON BUZZARD, LU7 9JD - £642,500

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 PEDDARS LANE is a small detached house of 117m², built sometime between 1930 and 1949. It was last sold for £642,500 in February 2021, which was around 29% above the average February 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

2 PEDDARS LANE Sold Prices

Land registry data shows two sales for 2 PEDDARS LANE 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. One of the two 2 PEDDARS LANE sales was for above the average price, whilst the other was 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
2021 26 FEB	£642,500	£497,370	29% above HPI
2016 20 OCT	£445,000	£465,901	4% below HPI

2 PEDDARS LANE 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 PEDDARS LANE sales from October 2016 and February 2021 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 October 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 2 PEDDARS LANE?

2 PEDDARS LANE is 117m² according to the EPC inspection conducted in April 2016. 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 PEDDARS LANE lies on this distribution: 25% of detached houses are smaller than 2 PEDDARS LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Stanbridge.

2 PEDDARS LANE: Plot and Title Map

2 PEDDARS LANE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 2 PEDDARS LANE, 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 PEDDARS LANE). 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 PEDDARS LANE?

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