31, PENNIVALE CLOSE, LEIGHTON BUZZARD, LU7 3ES - £265,000

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.

31 PENNIVALE CLOSE is a very small extended semi-detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £327,333. It was last sold for £265,000 in June 2020, which was around 14% below the average June 2020 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

31 PENNIVALE CLOSE Sold Prices

Land registry data shows three sales for 31 PENNIVALE CLOSE 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. The three 31 PENNIVALE CLOSE sales were a mix of below the average price, and roughly equal to 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
2020 26 JUN	£265,000	£307,098	14% below HPI
1999 8 OCT	£87,000	£86,980	Close to HPI
1998 18 MAY	£75,000	£75,474	1% below HPI

31 PENNIVALE CLOSE 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 31 PENNIVALE CLOSE sales between May 1998 and June 2020 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 October 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 31 PENNIVALE CLOSE be worth now?

31 PENNIVALE CLOSE might now be worth an estimated £327,333.

This is based on house price inflation of 23.5%, between June 2020 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 23.5% inflationary increase is applied to the most recent sale price for 31 PENNIVALE CLOSE of £265,000 on 26th June 2020. For the value to have increased from £265,000 to £327,333 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 31 PENNIVALE CLOSE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The June 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 31 PENNIVALE CLOSE has not materially changed since June 2020.

How Large is 31 PENNIVALE CLOSE?

31 PENNIVALE CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in June 2019. 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 31 PENNIVALE CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 31 PENNIVALE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

31 PENNIVALE CLOSE: Plot and Title Map

31 PENNIVALE CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 31 PENNIVALE CLOSE, 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 31 PENNIVALE CLOSE). 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 31 PENNIVALE CLOSE?

31 PENNIVALE CLOSE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 31 on PENNIVALE CLOSE.