298, GRASMERE WAY, LEIGHTON BUZZARD, LU7 2QB - £265,000

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

298 GRASMERE WAY is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £265,000 in June 2015, which was around 31% below the average June 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

298 GRASMERE WAY Sold Prices

Land registry data shows two sales for 298 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 298 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
2015 4 JUN	£265,000	£386,827	31% below HPI
2005 15 SEP	£190,000	£298,587	36% below HPI

298 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 298 GRASMERE WAY sales from September 2005 and June 2015 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 September 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 298 GRASMERE WAY?

298 GRASMERE WAY is 58m² according to the EPC inspection conducted in January 2015. 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 298 GRASMERE WAY lies on this distribution: 1% of detached houses are smaller than 298 GRASMERE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

298 GRASMERE WAY: Plot and Title Map

298 GRASMERE WAY sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 298 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 298 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 298 GRASMERE WAY?

298 GRASMERE WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 298 on GRASMERE WAY.