1, CAMBRIDGE STREET, LUTON, LU1 3QS - £98,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CAMBRIDGE STREET is a very small extended detached house of 66m², built sometime between 1900 and 1929. It was last sold for £98,000 in July 2002, which was around 43% below the average July 2002 detached price in the Luton local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was B.

1 CAMBRIDGE STREET Sold Prices

Land registry data shows three sales for 1 CAMBRIDGE STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 1 CAMBRIDGE STREET 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
2002 4 JUL	£98,000	£170,828	43% below HPI
2001 31 JUL	£60,000	£144,192	58% below HPI
1998 16 JAN	£24,500	£86,820	72% below HPI

1 CAMBRIDGE STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The three 1 CAMBRIDGE STREET sales between January 1998 and July 2002 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 2001 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2002 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 1 CAMBRIDGE STREET be worth now?

1 CAMBRIDGE STREET might now be worth an estimated £267,740.

This is based on house price inflation of 173.2%, between July 2002 and December 2024, for detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 173.2% inflationary increase is applied to the most recent sale price for 1 CAMBRIDGE STREET of £98,000 on 4th July 2002. For the value to have increased from £98,000 to £267,740 over the 21 years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 CAMBRIDGE STREET has moved in line with the HPI for detached houses in the Luton local authority area.
• The July 2002 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CAMBRIDGE STREET has not materially changed since July 2002.

How Large is 1 CAMBRIDGE STREET?

1 CAMBRIDGE STREET is 66m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 1 CAMBRIDGE STREET lies on this distribution: 4% of detached houses houses are smaller than 1 CAMBRIDGE STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 CAMBRIDGE STREET: Plot and Title Map

1 CAMBRIDGE STREET sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 1 CAMBRIDGE STREET, 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 1 CAMBRIDGE STREET). 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 1 CAMBRIDGE STREET?

1 CAMBRIDGE STREET is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 1 on CAMBRIDGE STREET.