5, RIDGELY DRIVE, LEIGHTON BUZZARD, LU7 4UR - £284,000

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 RIDGELY DRIVE is a very large detached house of 174m², built sometime between 2003 and 2006. It was last sold for £284,000 in September 2005, which was around 5% below the average September 2005 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.

5 RIDGELY DRIVE Sold Prices

Land registry data shows two sales for 5 RIDGELY 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 RIDGELY 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
2005 15 SEP	£284,000	£298,587	5% below HPI
2005 29 APR	£250,000	£289,106	14% below HPI

5 RIDGELY 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 RIDGELY DRIVE sales from April 2005 and September 2005 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 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2005 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 RIDGELY DRIVE?

5 RIDGELY DRIVE is 174m² according to the EPC inspection conducted in June 2023. This puts it in the largest 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 5 RIDGELY DRIVE lies on this distribution: 92% of detached houses are smaller than 5 RIDGELY DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

5 RIDGELY DRIVE: Plot and Title Map

5 RIDGELY DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 5 RIDGELY 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 RIDGELY 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 RIDGELY DRIVE?

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