50, ELGAR DRIVE, SHEFFORD, SG17 5RZ - £400,000

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

50 ELGAR DRIVE is a very small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £400,000 in October 2023, which was around 29% below the average October 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

50 ELGAR DRIVE Sold Prices

Land registry data shows three sales for 50 ELGAR DRIVE 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 50 ELGAR 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
2023 31 OCT	£400,000	£566,024	29% below HPI
2004 17 DEC	£227,500	£287,885	21% below HPI
1996 23 MAY	£84,500	£98,691	14% below HPI

50 ELGAR 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 three 50 ELGAR DRIVE sales between May 1996 and October 2023 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 December 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 50 ELGAR DRIVE?

50 ELGAR DRIVE is 94m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Shefford, based on EPC data. The below chart shows the distribution of detached houses by size in Shefford, and where 50 ELGAR DRIVE lies on this distribution: 16% of detached houses are smaller than 50 ELGAR DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Shefford.

50 ELGAR DRIVE: Plot and Title Map

50 ELGAR DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 50 ELGAR 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 50 ELGAR 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 50 ELGAR DRIVE?

50 ELGAR DRIVE is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 50 on ELGAR DRIVE.