2, RIDGELY DRIVE, LEIGHTON BUZZARD, LU7 4UR - £392,500

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 RIDGELY DRIVE is a very small extended detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £408,948. It was last sold for £392,500 in August 2022, which was around 33% below the average August 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

2 RIDGELY DRIVE Sold Prices

Land registry data shows four sales for 2 RIDGELY DRIVE 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 2 RIDGELY DRIVE 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
2022 19 AUG	£392,500	£582,376	33% below HPI
2014 4 JUL	£232,500	£367,356	37% below HPI
2013 9 APR	£210,000	£330,054	36% below HPI
2009 29 MAY	£183,000	£292,202	37% below HPI

2 RIDGELY DRIVE 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 2 RIDGELY DRIVE sales between May 2009 and August 2022 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 July 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 RIDGELY DRIVE be worth now?

2 RIDGELY DRIVE might now be worth an estimated £408,948.

This is based on house price inflation of 4.2%, between August 2022 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 4.2% inflationary increase is applied to the most recent sale price for 2 RIDGELY DRIVE of £392,500 on 19th August 2022. For the value to have increased from £392,500 to £408,948 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 2 RIDGELY DRIVE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The August 2022 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGELY DRIVE has not materially changed since August 2022.

How Large is 2 RIDGELY DRIVE?

2 RIDGELY DRIVE is 78m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% 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 RIDGELY DRIVE lies on this distribution: 7% of detached houses houses are smaller than 2 RIDGELY DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

2 RIDGELY DRIVE: Plot and Title Map

2 RIDGELY DRIVE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 2 RIDGELY DRIVE, 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 RIDGELY DRIVE). 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 RIDGELY DRIVE?

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