8, LUCAS WAY, SHEFFORD, SG17 5DT - £290,000

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

8 LUCAS WAY is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £290,000 in December 2017, which was around 42% below the average December 2017 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

8 LUCAS WAY Sold Prices

Land registry data shows two sales for 8 LUCAS 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 8 LUCAS 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
2017 20 DEC	£290,000	£501,202	42% below HPI
2003 24 OCT	£144,000	£272,371	47% below HPI

8 LUCAS 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 8 LUCAS WAY sales from October 2003 and December 2017 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 October 2003 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2017 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 LUCAS WAY?

8 LUCAS WAY is 84m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% 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 LUCAS WAY lies on this distribution: 9% of detached houses are smaller than 8 LUCAS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Shefford.

8 LUCAS WAY: Plot and Title Map

8 LUCAS WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 8 LUCAS 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 8 LUCAS 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 8 LUCAS WAY?

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