OAKBANK, OAKBANK DRIVE, LEIGHTON BUZZARD, LU7 3BN - £885,000

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

OAKBANK is a very large extended detached house of 332m², built sometime between 1900 and 1929. It was last sold for £885,000 in July 2020, which was around 78% above the average July 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

OAKBANK Sold Prices

Land registry data shows two sales for OAKBANK 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 OAKBANK sales were for above 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
2020 14 JUL	£885,000	£496,799	78% above HPI
2002 16 MAY	£490,000	£215,340	128% above HPI

OAKBANK 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 OAKBANK sales from May 2002 and July 2020 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 2002 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the July 2020 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is OAKBANK?

OAKBANK is 332m², which includes four extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% 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 OAKBANK lies on this distribution: More than 99% of detached houses are smaller than OAKBANK, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

OAKBANK: Plot and Title Map

OAKBANK sits on a plot of roughly 0.432 of an acre, or 1,748m². The below map shows the location of OAKBANK, 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 OAKBANK). 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 OAKBANK?

OAKBANK is located on OAKBANK DRIVE in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of OAKBANK on OAKBANK DRIVE.