EAST LODGE, GILBERT MEWS, LEIGHTON BUZZARD, LU7 1NE - £375,000

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

EAST LODGE is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £375,000 in June 2018, which was around 25% below the average June 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

EAST LODGE Sold Prices

Land registry data shows four sales for EAST LODGE 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. All of the four EAST LODGE 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
2018 5 JUN	£375,000	£498,133	25% below HPI
2014 28 MAR	£301,000	£339,493	11% below HPI
2002 21 NOV	£185,350	£252,302	27% below HPI
2001 31 OCT	£149,950	£203,027	26% below HPI

EAST LODGE 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 EAST LODGE sales between October 2001 and June 2018 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 March 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is EAST LODGE?

EAST LODGE is 125m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% 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 EAST LODGE lies on this distribution: 63% of detached houses are smaller than EAST LODGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

EAST LODGE: Plot and Title Map

EAST LODGE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of EAST LODGE, 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 EAST LODGE). 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 EAST LODGE?

EAST LODGE is located on GILBERT MEWS in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of EAST LODGE on GILBERT MEWS.