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

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

37 MELFORT DRIVE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £385,000 in December 2022, which was around 33% below the average December 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

37 MELFORT DRIVE Sold Prices

Land registry data shows five sales for 37 MELFORT DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 37 MELFORT 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
2022 14 DEC	£385,000	£577,360	33% below HPI
2013 28 JUN	£219,950	£321,070	31% below HPI
2006 23 FEB	£190,000	£291,751	35% below HPI
2001 30 APR	£135,000	£187,170	28% below HPI
1999 9 APR	£95,000	£134,069	29% below HPI

37 MELFORT 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 five 37 MELFORT DRIVE sales between April 1999 and December 2022 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 June 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 37 MELFORT DRIVE?

37 MELFORT DRIVE is 73m² according to the EPC inspection conducted in June 2012. 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 37 MELFORT DRIVE lies on this distribution: 6% of detached houses are smaller than 37 MELFORT DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

37 MELFORT DRIVE: Plot and Title Map

37 MELFORT DRIVE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 37 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 37 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 37 MELFORT DRIVE?

37 MELFORT DRIVE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 37 on MELFORT DRIVE.