48, DANES WAY, LEIGHTON BUZZARD, LU7 3LS - £373,000

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

48 DANES WAY is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £373,000 in May 2022, which was around 31% below the average May 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

48 DANES WAY Sold Prices

Land registry data shows three sales for 48 DANES WAY 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 48 DANES WAY 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 4 MAY	£373,000	£543,418	31% below HPI
2018 29 JAN	£282,000	£498,986	43% below HPI
2002 31 MAY	£136,000	£215,340	37% below HPI

48 DANES WAY 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 48 DANES WAY sales between May 2002 and May 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 January 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 48 DANES WAY?

48 DANES WAY is 93m² according to the EPC inspection conducted in September 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 48 DANES WAY lies on this distribution: 21% of detached houses are smaller than 48 DANES WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

48 DANES WAY: Plot and Title Map

48 DANES WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 48 DANES 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 DANES 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 DANES WAY?

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