8, TERN DRIVE, LEIGHTON BUZZARD, LU7 4DB - £317,500

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.

8 TERN DRIVE is a small terraced house of 100m², which could now be worth an estimated £384,162. It was last sold for £317,500 in June 2020, which was around 30% above the average June 2020 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

8 TERN DRIVE Sold Prices

Land registry data shows two sales for 8 TERN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 8 TERN DRIVE 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
2020 17 JUN	£317,500	£243,815	30% above HPI
2013 18 DEC	£216,000	£167,896	29% above HPI

8 TERN DRIVE 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 two 8 TERN DRIVE sales from December 2013 and June 2020 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 December 2013 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 8 TERN DRIVE be worth now?

8 TERN DRIVE might now be worth an estimated £384,162.

This is based on house price inflation of 21%, between June 2020 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 21% inflationary increase is applied to the most recent sale price for 8 TERN DRIVE of £317,500 on 17th June 2020. For the value to have increased from £317,500 to £384,162 over the five years to June 2025, the following assumptions must hold true:

• The value of 8 TERN DRIVE has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The June 2020 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 8 TERN DRIVE has not materially changed since June 2020.

How Large is 8 TERN DRIVE?

8 TERN DRIVE is 100m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% 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 8 TERN DRIVE lies on this distribution: 30% of terraced houses houses are smaller than 8 TERN DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

8 TERN DRIVE: Plot and Title Map

8 TERN DRIVE sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 8 TERN 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 8 TERN 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 8 TERN DRIVE?

8 TERN DRIVE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 8 on TERN DRIVE.