22, ELGAR DRIVE, SHEFFORD, SG17 5RZ - £325,000

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

22 ELGAR DRIVE is a very small extended detached house of 96m², built sometime between 1991 and 1995. It was last sold for £325,000 in February 2019, which was around 36% below the average February 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

22 ELGAR DRIVE Sold Prices

Land registry data shows four sales for 22 ELGAR DRIVE 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 22 ELGAR 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 15 FEB	£325,000	£506,998	36% below HPI
2018 2 OCT	£390,000	£508,026	23% below HPI
2001 31 JUL	£149,995	£191,249	22% below HPI
1996 17 APR	£93,000	£96,751	4% below HPI

22 ELGAR 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 four 22 ELGAR DRIVE sales between April 1996 and February 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 October 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 22 ELGAR DRIVE?

22 ELGAR DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses in Shefford, based on EPC data. The below chart shows the distribution of detached houses by size in Shefford, and where 22 ELGAR DRIVE lies on this distribution: 17% of detached houses are smaller than 22 ELGAR DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Shefford.

22 ELGAR DRIVE: Plot and Title Map

22 ELGAR DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 22 ELGAR 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 22 ELGAR 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 22 ELGAR DRIVE?

22 ELGAR DRIVE is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 22 on ELGAR DRIVE.