31, CORMORANT WAY, LEIGHTON BUZZARD, LU7 4UY - £286,500

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.

31 CORMORANT WAY is a very small terraced house of 59m², built sometime from 2007 onwards, which could now be worth an estimated £294,451. It was last sold for £286,500 in August 2022, which was about the average August 2022 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was A.

31 CORMORANT WAY Sold Prices

Land registry data shows four sales for 31 CORMORANT 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. The four 31 CORMORANT WAY sales were a mix of roughly equal to the average price, above the average price, and 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 11 AUG	£286,500	£287,040	Close to HPI
2019 15 JUL	£245,000	£241,448	1% above HPI
2017 12 APR	£234,000	£236,534	1% below HPI
2007 7 JUN	£179,995	£170,849	5% above HPI

31 CORMORANT 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 31 CORMORANT WAY sales between June 2007 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 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 31 CORMORANT WAY be worth now?

31 CORMORANT WAY might now be worth an estimated £294,451.

This is based on house price inflation of 2.8%, between August 2022 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 2.8% inflationary increase is applied to the most recent sale price for 31 CORMORANT WAY of £286,500 on 11th August 2022. For the value to have increased from £286,500 to £294,451 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 31 CORMORANT WAY has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The August 2022 sale price of £286,500 represented a fair market value for the property.
• The size, condition, and specification of 31 CORMORANT WAY has not materially changed since August 2022.

How Large is 31 CORMORANT WAY?

31 CORMORANT WAY is 59m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% 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 31 CORMORANT WAY lies on this distribution: 1% of terraced houses houses are smaller than 31 CORMORANT WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

31 CORMORANT WAY: Plot and Title Map

31 CORMORANT WAY sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 31 CORMORANT 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 31 CORMORANT 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 31 CORMORANT WAY?

31 CORMORANT WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 31 on CORMORANT WAY.