16B, SPRINGFIELD ROAD, LEIGHTON BUZZARD, LU7 2QS - £130,000

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.

16B SPRINGFIELD ROAD is a very small extended flat of 42m², built sometime before 1900, which could now be worth an estimated £137,854. It was last sold for £130,000 in April 2017, which was around 20% below the average April 2017 flat price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was C.

16B SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 16B SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 16B SPRINGFIELD ROAD 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
2017 28 APR	£130,000	£162,780	20% below HPI
1995 10 MAY	£35,000	£36,532	4% below HPI

What might 16B SPRINGFIELD ROAD be worth now?

16B SPRINGFIELD ROAD might now be worth an estimated £137,854.

This is based on house price inflation of 6%, between April 2017 and May 2026, for flats, 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 6% inflationary increase is applied to the most recent sale price for 16B SPRINGFIELD ROAD of £130,000 on 28th April 2017. For the value to have increased from £130,000 to £137,854 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 16B SPRINGFIELD ROAD has moved in line with the HPI for flats in the Central Bedfordshire local authority area.
• The April 2017 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 16B SPRINGFIELD ROAD has not materially changed since April 2017.

How Large is 16B SPRINGFIELD ROAD?

16B SPRINGFIELD ROAD is 42m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of flats in Leighton Buzzard, based on EPC data. 10% of flats are smaller than 16B SPRINGFIELD ROAD, and 88% of flats are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

16B SPRINGFIELD ROAD: Plot

16B SPRINGFIELD ROAD sits on a plot of roughly 0.132 of an acre, or 534m².

Where is 16B SPRINGFIELD ROAD?

16B SPRINGFIELD ROAD is located in LEIGHTON BUZZARD, in the LU7 postcode district.