5, NICOLSON DRIVE, LEIGHTON BUZZARD, LU7 4FP - £226,500

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

5 NICOLSON DRIVE is a very small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £226,500 in October 2007, which was around 33% below the average October 2007 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

5 NICOLSON DRIVE Sold Prices

Land registry data shows two sales for 5 NICOLSON DRIVE 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 NICOLSON 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
2007 3 OCT	£226,500	£339,286	33% below HPI
2000 25 AUG	£133,950	£179,276	25% below HPI

5 NICOLSON 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 two 5 NICOLSON DRIVE sales from August 2000 and October 2007 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 August 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2007 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 NICOLSON DRIVE?

5 NICOLSON DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% 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 NICOLSON DRIVE lies on this distribution: 18% of detached houses are smaller than 5 NICOLSON DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

5 NICOLSON DRIVE: Plot and Title Map

5 NICOLSON DRIVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 5 NICOLSON 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 5 NICOLSON 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 5 NICOLSON DRIVE?

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