CORNERSTONES, HEATH PARK ROAD, LEIGHTON BUZZARD, LU7 3BB - £410,000

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

CORNERSTONES is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £410,000 in May 2021, which was around 18% below the average May 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

CORNERSTONES Sold Prices

Land registry data shows two sales for CORNERSTONES 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 CORNERSTONES 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
2021 10 MAY	£410,000	£501,260	18% below HPI
1995 25 MAY	£88,000	£97,843	10% below HPI

CORNERSTONES 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 CORNERSTONES sales from May 1995 and May 2021 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 May 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is CORNERSTONES?

CORNERSTONES is 83m² according to the EPC inspection conducted in February 2021. 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 CORNERSTONES lies on this distribution: 13% of detached houses are smaller than CORNERSTONES, and 87% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

CORNERSTONES: Plot and Title Map

CORNERSTONES sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of CORNERSTONES, 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 CORNERSTONES). 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 CORNERSTONES?

CORNERSTONES is located on HEATH PARK ROAD in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of CORNERSTONES on HEATH PARK ROAD.