51, CORMORANT WAY, LEIGHTON BUZZARD, LU7 4UY - £355,000

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.

51 CORMORANT WAY is a midsized terraced house of 111m², built sometime between 2007 and 2011, which could now be worth an estimated £405,514. It was last sold for £355,000 in September 2021, which was around 37% above the average September 2021 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

51 CORMORANT WAY Sold Prices

Land registry data shows three sales for 51 CORMORANT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 51 CORMORANT 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
2021 30 SEP	£355,000	£258,258	37% above HPI
2017 28 NOV	£288,500	£246,184	17% above HPI
2007 20 DEC	£248,000	£177,909	39% above HPI

51 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 three 51 CORMORANT WAY sales between December 2007 and September 2021 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 November 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 51 CORMORANT WAY be worth now?

51 CORMORANT WAY might now be worth an estimated £405,514.

This is based on house price inflation of 14.2%, between September 2021 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 14.2% inflationary increase is applied to the most recent sale price for 51 CORMORANT WAY of £355,000 on 30th September 2021. For the value to have increased from £355,000 to £405,514 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 51 CORMORANT WAY has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The September 2021 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 51 CORMORANT WAY has not materially changed since September 2021.

How Large is 51 CORMORANT WAY?

51 CORMORANT WAY is 111m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% 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 51 CORMORANT WAY lies on this distribution: 44% of terraced houses houses are smaller than 51 CORMORANT WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

51 CORMORANT WAY: Plot and Title Map

51 CORMORANT WAY sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 51 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 51 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 51 CORMORANT WAY?

51 CORMORANT WAY is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 51 on CORMORANT WAY.