2, PALMER CRESCENT, LEIGHTON BUZZARD, LU7 4HT - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PALMER CRESCENT is a large extended detached house of 130m², built sometime between 2003 and 2006, which could now be worth an estimated £520,679. It was last sold for £320,000 in August 2014, which was around 14% below the average August 2014 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

2 PALMER CRESCENT Sold Prices

Land registry data shows two sales for 2 PALMER CRESCENT 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 2 PALMER CRESCENT 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
2014 15 AUG	£320,000	£372,917	14% below HPI
2003 31 OCT	£259,950	£278,943	7% below HPI

2 PALMER CRESCENT 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 2 PALMER CRESCENT sales from October 2003 and August 2014 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 PALMER CRESCENT be worth now?

2 PALMER CRESCENT might now be worth an estimated £520,679.

This is based on house price inflation of 62.7%, between August 2014 and May 2026, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.7% inflationary increase is applied to the most recent sale price for 2 PALMER CRESCENT of £320,000 on 15th August 2014. For the value to have increased from £320,000 to £520,679 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 2 PALMER CRESCENT has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The August 2014 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PALMER CRESCENT has not materially changed since August 2014.

How Large is 2 PALMER CRESCENT?

2 PALMER CRESCENT is 130m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 30% of detached houses houses in Leighton Buzzard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leighton Buzzard, and where 2 PALMER CRESCENT lies on this distribution: 69% of detached houses houses are smaller than 2 PALMER CRESCENT, and 30% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

2 PALMER CRESCENT: Plot and Title Map

2 PALMER CRESCENT sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 2 PALMER CRESCENT, 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 2 PALMER CRESCENT). 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 2 PALMER CRESCENT?

2 PALMER CRESCENT is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 2 on PALMER CRESCENT.