3, MELFORT DRIVE, LEIGHTON BUZZARD, LU7 2XN - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MELFORT DRIVE is a very small semi-detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £473,293. It was last sold for £385,000 in May 2018, which was around 25% above the average May 2018 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

3 MELFORT DRIVE Sold Prices

Land registry data shows three sales for 3 MELFORT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 3 MELFORT DRIVE sales were for above 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 11 MAY	£385,000	£308,568	25% above HPI
2013 2 MAY	£230,000	£198,835	16% above HPI
2009 7 APR	£185,000	£174,295	6% above HPI

3 MELFORT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 3 MELFORT DRIVE sales between April 2009 and May 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 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 3 MELFORT DRIVE be worth now?

3 MELFORT DRIVE might now be worth an estimated £473,293.

This is based on house price inflation of 22.9%, between May 2018 and February 2025, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for 3 MELFORT DRIVE of £385,000 on 11th May 2018. For the value to have increased from £385,000 to £473,293 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 3 MELFORT DRIVE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The May 2018 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MELFORT DRIVE has not materially changed since May 2018.

How Large is 3 MELFORT DRIVE?

3 MELFORT DRIVE is 82m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of semi-detached houses houses in Leighton Buzzard, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leighton Buzzard, and where 3 MELFORT DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 3 MELFORT DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

3 MELFORT DRIVE: Plot and Title Map

3 MELFORT DRIVE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 3 MELFORT 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 MELFORT 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 MELFORT DRIVE?

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