20, MILLBANK, LEIGHTON BUZZARD, LU7 1AS - £274,000

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

20 MILLBANK is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £274,000 in February 2014, which was around 19% below the average February 2014 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

20 MILLBANK Sold Prices

Land registry data shows four sales for 20 MILLBANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 20 MILLBANK 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
2014 25 FEB	£274,000	£338,169	19% below HPI
2011 28 OCT	£250,000	£318,628	22% below HPI
2009 14 AUG	£195,000	£292,851	33% below HPI
2002 3 DEC	£195,000	£257,292	24% below HPI

20 MILLBANK 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 four 20 MILLBANK sales between December 2002 and February 2014 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 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 20 MILLBANK?

20 MILLBANK is 99m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% 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 20 MILLBANK lies on this distribution: 30% of detached houses are smaller than 20 MILLBANK, and 70% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

20 MILLBANK: Plot and Title Map

20 MILLBANK sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 20 MILLBANK, 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 20 MILLBANK). 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 20 MILLBANK?

20 MILLBANK is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 20 on MILLBANK.