268, GRASMERE WAY, LEIGHTON BUZZARD, LU7 2QB - £315,000

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

268 GRASMERE WAY is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £315,000 in December 2017, which was around 37% below the average December 2017 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

268 GRASMERE WAY Sold Prices

Land registry data shows three sales for 268 GRASMERE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 268 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
2017 12 DEC	£315,000	£501,202	37% below HPI
2006 14 MAR	£174,950	£293,546	40% below HPI
1998 7 APR	£88,000	£127,846	31% below HPI

268 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 three 268 GRASMERE WAY sales between April 1998 and December 2017 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 March 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2017 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 268 GRASMERE WAY?

268 GRASMERE WAY is 59m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% 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 268 GRASMERE WAY lies on this distribution: 1% of detached houses are smaller than 268 GRASMERE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

268 GRASMERE WAY: Plot and Title Map

268 GRASMERE WAY sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 268 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 268 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 268 GRASMERE WAY?

268 GRASMERE WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 268 on GRASMERE WAY.