10, ORCHARD WAY, LUTON, LU4 9LT - £330,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 ORCHARD WAY is a very large detached house of 151m², built sometime between 1950 and 1966. It was last sold for £330,000 in February 2019, which was around 19% below the average February 2019 detached price in the Luton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

10 ORCHARD WAY Sold Prices

Land registry data shows two sales for 10 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. One of the two 10 ORCHARD WAY sales was for below the average price, whilst the other was 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
2019 15 FEB	£330,000	£408,255	19% below HPI
2002 28 MAR	£176,600	£155,976	13% above HPI

10 ORCHARD WAY 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 two 10 ORCHARD WAY sales from March 2002 and February 2019 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 March 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 10 ORCHARD WAY?

10 ORCHARD WAY is 151m² according to the EPC inspection conducted in August 2018. This puts it in the largest 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 10 ORCHARD WAY lies on this distribution: 85% of detached houses are smaller than 10 ORCHARD WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Luton.

10 ORCHARD WAY: Plot and Title Map

10 ORCHARD WAY sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of 10 ORCHARD WAY, 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 ORCHARD WAY). 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 ORCHARD WAY?

10 ORCHARD WAY is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 10 on ORCHARD WAY.