8, ELGAR DRIVE, SHEFFORD, SG17 5RZ - £263,000

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

8 ELGAR DRIVE is a large extended detached house of 147m², built sometime between 1996 and 2002. It was last sold for £263,000 in March 2012, which was around 16% below the average March 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was B, and the potential energy rating was B.

8 ELGAR DRIVE Sold Prices

Land registry data shows four sales for 8 ELGAR DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Most of the four 8 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
2012 30 MAR	£263,000	£312,942	16% below HPI
2004 12 NOV	£262,500	£290,036	9% below HPI
2001 29 JUN	£183,500	£186,883	2% below HPI
1995 27 JAN	£100,000	£97,865	2% above HPI

8 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 four 8 ELGAR DRIVE sales between January 1995 and March 2012 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 November 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2012 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 ELGAR DRIVE?

8 ELGAR DRIVE is 147m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 30% of detached houses in Shefford, based on EPC data. The below chart shows the distribution of detached houses by size in Shefford, and where 8 ELGAR DRIVE lies on this distribution: 78% of detached houses are smaller than 8 ELGAR DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Shefford.

8 ELGAR DRIVE: Plot and Title Map

8 ELGAR DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 8 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 8 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 8 ELGAR DRIVE?

8 ELGAR DRIVE is located in SHEFFORD, in the SG17 postcode district. The below map shows the position of No. 8 on ELGAR DRIVE.