48, CORMORANT WAY, LEIGHTON BUZZARD, LU7 4UY - £392,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 CORMORANT WAY is a large semi-detached house of 122m², built sometime from 2007 onwards, which could now be worth an estimated £455,459. It was last sold for £392,500 in August 2021, which was around 23% above the average August 2021 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

48 CORMORANT WAY Sold Prices

Land registry data shows four sales for 48 CORMORANT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 48 CORMORANT WAY 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
2021 31 AUG	£392,500	£320,133	23% above HPI
2018 3 APR	£327,000	£310,978	5% above HPI
2012 18 JUN	£235,000	£193,825	21% above HPI
2007 20 DEC	£297,000	£216,021	37% above HPI

48 CORMORANT WAY 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 four 48 CORMORANT WAY sales between December 2007 and August 2021 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 April 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 48 CORMORANT WAY be worth now?

48 CORMORANT WAY might now be worth an estimated £455,459.

This is based on house price inflation of 16%, between August 2021 and December 2024, 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 16% inflationary increase is applied to the most recent sale price for 48 CORMORANT WAY of £392,500 on 31st August 2021. For the value to have increased from £392,500 to £455,459 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 48 CORMORANT WAY has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The August 2021 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 48 CORMORANT WAY has not materially changed since August 2021.

How Large is 48 CORMORANT WAY?

48 CORMORANT WAY is 122m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% 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 48 CORMORANT WAY lies on this distribution: 60% of semi-detached houses houses are smaller than 48 CORMORANT WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

48 CORMORANT WAY: Plot and Title Map

48 CORMORANT WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 48 CORMORANT 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 48 CORMORANT 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 48 CORMORANT WAY?

48 CORMORANT WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 48 on CORMORANT WAY.