3, LOVENT DRIVE, LEIGHTON BUZZARD, LU7 3LR - £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

3 LOVENT DRIVE is a small detached house of 99m², built sometime between 1983 and 1990. It was last sold for £325,000 in November 2018, which was around 36% below the average November 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

3 LOVENT DRIVE Sold Prices

Land registry data shows three sales for 3 LOVENT DRIVE 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 3 LOVENT 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
2018 9 NOV	£325,000	£508,200	36% below HPI
2002 2 MAY	£169,950	£215,340	21% below HPI
2001 19 OCT	£168,500	£203,027	17% below HPI

3 LOVENT 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 three 3 LOVENT DRIVE sales between October 2001 and November 2018 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 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 LOVENT DRIVE?

3 LOVENT DRIVE is 99m² according to the EPC inspection conducted in November 2017. 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 3 LOVENT DRIVE lies on this distribution: 28% of detached houses are smaller than 3 LOVENT DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

3 LOVENT DRIVE: Plot and Title Map

3 LOVENT DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 LOVENT 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 3 LOVENT 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 3 LOVENT DRIVE?

3 LOVENT DRIVE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 3 on LOVENT DRIVE.