55, REEVE CLOSE, LEIGHTON BUZZARD, LU7 4RX - £209,000

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.

55 REEVE CLOSE is a very small terraced house of 59m², built sometime between 2003 and 2006, which could now be worth an estimated £216,383. It was last sold for £209,000 in March 2023, which was around 27% below the average March 2023 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

55 REEVE CLOSE Sold Prices

Land registry data shows six sales for 55 REEVE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. All of the six 55 REEVE CLOSE 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
2023 27 MAR	£209,000	£284,941	27% below HPI
2020 23 OCT	£168,000	£248,853	32% below HPI
2018 29 JUN	£175,000	£245,972	29% below HPI
2008 22 FEB	£140,000	£173,841	19% below HPI
2007 10 AUG	£152,500	£173,688	12% below HPI
2006 20 OCT	£144,950	£160,056	9% below HPI

55 REEVE CLOSE 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 six 55 REEVE CLOSE sales between October 2006 and March 2023 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 2020 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 55 REEVE CLOSE be worth now?

55 REEVE CLOSE might now be worth an estimated £216,383.

This is based on house price inflation of 3.5%, between March 2023 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 3.5% inflationary increase is applied to the most recent sale price for 55 REEVE CLOSE of £209,000 on 27th March 2023. For the value to have increased from £209,000 to £216,383 over the one year and nine months to June 2025, the following assumptions must hold true:

• The value of 55 REEVE CLOSE has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The March 2023 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 55 REEVE CLOSE has not materially changed since March 2023.

How Large is 55 REEVE CLOSE?

55 REEVE CLOSE is 59m² according to the EPC inspection conducted in June 2020. 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 55 REEVE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 55 REEVE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

55 REEVE CLOSE: Plot and Title Map

55 REEVE CLOSE sits on a plot of roughly 0.942 of an acre, or 3,811m². The below map shows the location of 55 REEVE CLOSE, 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 55 REEVE CLOSE). 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 55 REEVE CLOSE?

55 REEVE CLOSE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 55 on REEVE CLOSE.