5, MILLBANK, LEIGHTON BUZZARD, LU7 1AS - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MILLBANK is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2015, which was around 36% below the average May 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

5 MILLBANK Sold Prices

Land registry data shows two sales for 5 MILLBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 5 MILLBANK 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
2015 28 MAY	£250,000	£389,393	36% below HPI
1997 30 MAY	£82,000	£110,200	26% below HPI

5 MILLBANK 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 two 5 MILLBANK sales from May 1997 and May 2015 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 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 5 MILLBANK?

5 MILLBANK is 94m² according to the EPC inspection conducted in March 2014. 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 5 MILLBANK lies on this distribution: 23% of detached houses are smaller than 5 MILLBANK, and 77% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

5 MILLBANK: Plot and Title Map

5 MILLBANK sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 5 MILLBANK, 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 5 MILLBANK). 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 5 MILLBANK?

5 MILLBANK is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 5 on MILLBANK.