8, MILES AVENUE, LEIGHTON BUZZARD, LU7 3LG - £450,000

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 MILES AVENUE is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £450,000 in December 2016, which was around 5% below the average December 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

8 MILES AVENUE Sold Prices

Land registry data shows two sales for 8 MILES AVENUE 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 MILES AVENUE 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
2016 5 DEC	£450,000	£474,421	5% below HPI
2015 12 JUN	£190,000	£386,827	51% below HPI

8 MILES AVENUE 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 MILES AVENUE sales from June 2015 and December 2016 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 June 2015 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 MILES AVENUE?

8 MILES AVENUE is 88m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% 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 8 MILES AVENUE lies on this distribution: 16% of detached houses are smaller than 8 MILES AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

8 MILES AVENUE: Plot and Title Map

8 MILES AVENUE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of 8 MILES AVENUE, 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 MILES AVENUE). 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 MILES AVENUE?

8 MILES AVENUE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 8 on MILES AVENUE.