1, LAMBOURN DRIVE, LUTON, LU2 7GQ - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LAMBOURN DRIVE is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £335,000 in March 2021, which was around 17% below the average March 2021 detached price in the Luton local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

1 LAMBOURN DRIVE Sold Prices

Land registry data shows four sales for 1 LAMBOURN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 1 LAMBOURN DRIVE 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
2021 29 MAR	£335,000	£404,570	17% below HPI
2012 30 MAY	£205,000	£239,409	14% below HPI
2009 30 JAN	£185,000	£223,522	17% below HPI
1995 16 AUG	£67,450	£74,562	10% below HPI

1 LAMBOURN DRIVE 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 four 1 LAMBOURN DRIVE sales between August 1995 and March 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 May 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 LAMBOURN DRIVE?

1 LAMBOURN DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 1 LAMBOURN DRIVE lies on this distribution: 16% of detached houses are smaller than 1 LAMBOURN DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 LAMBOURN DRIVE: Plot and Title Map

1 LAMBOURN DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 1 LAMBOURN 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 1 LAMBOURN 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 1 LAMBOURN DRIVE?

1 LAMBOURN DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 1 on LAMBOURN DRIVE.