234, GRASMERE WAY, LEIGHTON BUZZARD, LU7 2QH - £305,000

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

234 GRASMERE WAY is a small extended detached house of 105m², built sometime between 1976 and 1982. It was last sold for £305,000 in April 2014, which was around 11% below the average April 2014 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

234 GRASMERE WAY Sold Prices

Land registry data shows two sales for 234 GRASMERE WAY 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 234 GRASMERE WAY 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 4 APR	£305,000	£342,471	11% below HPI
2009 29 MAY	£221,000	£285,318	23% below HPI

234 GRASMERE WAY 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 234 GRASMERE WAY sales from May 2009 and April 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 May 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 234 GRASMERE WAY?

234 GRASMERE WAY is 105m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% 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 234 GRASMERE WAY lies on this distribution: 37% of detached houses are smaller than 234 GRASMERE WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

234 GRASMERE WAY: Plot and Title Map

234 GRASMERE WAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 234 GRASMERE WAY, 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 234 GRASMERE WAY). 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 234 GRASMERE WAY?

234 GRASMERE WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 234 on GRASMERE WAY.