1, LEICESTER ROAD, LUTON, LU4 8SF - £403,000

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.

1 LEICESTER ROAD is a small extended detached house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £410,852. It was last sold for £403,000 in September 2024, which was around 11% below the average September 2024 detached price in the Luton local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

1 LEICESTER ROAD Sold Prices

Land registry data shows four sales for 1 LEICESTER ROAD 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 LEICESTER 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
2024 6 SEP	£403,000	£452,524	11% below HPI
2006 30 MAY	£175,000	£233,538	25% below HPI
2002 5 SEP	£130,000	£184,231	29% below HPI
1998 21 AUG	£65,500	£92,791	29% below HPI

1 LEICESTER ROAD 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 LEICESTER ROAD sales between August 1998 and September 2024 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 LEICESTER ROAD be worth now?

1 LEICESTER ROAD might now be worth an estimated £410,852.

This is based on house price inflation of 1.9%, between September 2024 and February 2025, 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 1.9% inflationary increase is applied to the most recent sale price for 1 LEICESTER ROAD of £403,000 on 6th September 2024. For the value to have increased from £403,000 to £410,852 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 1 LEICESTER ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The September 2024 sale price of £403,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LEICESTER ROAD has not materially changed since September 2024.

How Large is 1 LEICESTER ROAD?

1 LEICESTER ROAD is 91m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% 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 LEICESTER ROAD lies on this distribution: 27% of detached houses houses are smaller than 1 LEICESTER ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 LEICESTER ROAD: Plot and Title Map

1 LEICESTER ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1 LEICESTER ROAD, 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 LEICESTER ROAD). 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 LEICESTER ROAD?

1 LEICESTER ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 1 on LEICESTER ROAD.