62, CORMORANT WAY, LEIGHTON BUZZARD, LU7 4UY - £351,500

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

62 CORMORANT WAY is a large detached house of 131m², built sometime from 2007 onwards. It was last sold for £351,500 in December 2015, which was around 20% below the average December 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was B.

62 CORMORANT WAY Sold Prices

Land registry data shows two sales for 62 CORMORANT WAY 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 62 CORMORANT 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
2015 14 DEC	£351,500	£438,124	20% below HPI
2009 23 JAN	£248,500	£304,925	19% below HPI

62 CORMORANT 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 two 62 CORMORANT WAY sales from January 2009 and December 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 January 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 62 CORMORANT WAY?

62 CORMORANT WAY is 131m² according to the EPC inspection conducted in November 2008. This puts it in the largest 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 62 CORMORANT WAY lies on this distribution: 71% of detached houses are smaller than 62 CORMORANT WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

62 CORMORANT WAY: Plot and Title Map

62 CORMORANT WAY sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 62 CORMORANT 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 62 CORMORANT 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 62 CORMORANT WAY?

62 CORMORANT WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 62 on CORMORANT WAY.