10, MARKHAM ROAD, LUTON, LU3 2BS - £217,000

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

10 MARKHAM ROAD is a very small extended semi-detached house of 85m², built sometime between 1930 and 1949. It was last sold for £217,000 in February 2015, which was around 13% above the average February 2015 semi-detached price in the Luton local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

10 MARKHAM ROAD Sold Prices

Land registry data shows three sales for 10 MARKHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the three 10 MARKHAM ROAD 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
2015 16 FEB	£217,000	£192,273	13% above HPI
2001 17 AUG	£118,000	£91,816	29% above HPI
1998 22 OCT	£79,995	£59,179	35% above HPI

10 MARKHAM ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The three 10 MARKHAM ROAD sales between October 1998 and February 2015 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 August 2001 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 10 MARKHAM ROAD be worth now?

10 MARKHAM ROAD might now be worth an estimated £368,026.

This is based on house price inflation of 69.6%, between February 2015 and December 2024, for semi-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 69.6% inflationary increase is applied to the most recent sale price for 10 MARKHAM ROAD of £217,000 on 16th February 2015. For the value to have increased from £217,000 to £368,026 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 10 MARKHAM ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 2015 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MARKHAM ROAD has not materially changed since February 2015.

How Large is 10 MARKHAM ROAD?

10 MARKHAM ROAD is 85m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 10 MARKHAM ROAD lies on this distribution: 19% of semi-detached houses houses are smaller than 10 MARKHAM ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Luton.

10 MARKHAM ROAD: Plot and Title Map

10 MARKHAM ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 10 MARKHAM 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 10 MARKHAM 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 10 MARKHAM ROAD?

10 MARKHAM ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 10 on MARKHAM ROAD.