26, GRASMERE WAY, LEIGHTON BUZZARD, LU7 2QN - £295,000

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.

26 GRASMERE WAY is a very small extended terraced house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £348,735. It was last sold for £295,000 in March 2018, which was around 18% above the average March 2018 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

26 GRASMERE WAY Sold Prices

Land registry data shows four sales for 26 GRASMERE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 26 GRASMERE WAY 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
2018 28 MAR	£295,000	£249,550	18% above HPI
2007 26 SEP	£200,000	£174,196	15% above HPI
2000 5 JUL	£96,500	£79,695	21% above HPI
1995 27 JUL	£60,000	£47,716	26% above HPI

26 GRASMERE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four 26 GRASMERE WAY sales between July 1995 and March 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 September 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2018 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 26 GRASMERE WAY be worth now?

26 GRASMERE WAY might now be worth an estimated £348,735.

This is based on house price inflation of 18.2%, between March 2018 and June 2025, for terraced 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 18.2% inflationary increase is applied to the most recent sale price for 26 GRASMERE WAY of £295,000 on 28th March 2018. For the value to have increased from £295,000 to £348,735 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of 26 GRASMERE WAY has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The March 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 26 GRASMERE WAY has not materially changed since March 2018.

How Large is 26 GRASMERE WAY?

26 GRASMERE WAY is 85m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of terraced houses houses in Leighton Buzzard, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leighton Buzzard, and where 26 GRASMERE WAY lies on this distribution: 14% of terraced houses houses are smaller than 26 GRASMERE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

26 GRASMERE WAY: Plot and Title Map

26 GRASMERE WAY sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 26 GRASMERE WAY, 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 26 GRASMERE WAY). 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 26 GRASMERE WAY?

26 GRASMERE WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 26 on GRASMERE WAY.