106, OAK ROAD, LUTON, LU4 8AD - £225,000

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

106 OAK ROAD is a very small extended semi-detached house of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £226,321. It was last sold for £225,000 in August 2022, which was around 31% below the average August 2022 semi-detached price in the Luton local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was A.

106 OAK ROAD Sold Prices

Land registry data shows two sales for 106 OAK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 106 OAK 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
2022 12 AUG	£225,000	£324,187	31% below HPI
2004 26 MAR	£95,000	£147,320	36% below HPI

106 OAK 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 two 106 OAK ROAD sales from March 2004 and August 2022 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 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 106 OAK ROAD be worth now?

106 OAK ROAD might now be worth an estimated £226,321.

This is based on house price inflation of 0.6%, between August 2022 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 0.6% inflationary increase is applied to the most recent sale price for 106 OAK ROAD of £225,000 on 12th August 2022. For the value to have increased from £225,000 to £226,321 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 106 OAK ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The August 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 106 OAK ROAD has not materially changed since August 2022.

How Large is 106 OAK ROAD?

106 OAK ROAD is 64m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% 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 106 OAK ROAD lies on this distribution: 3% of semi-detached houses houses are smaller than 106 OAK ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Luton.

106 OAK ROAD: Plot and Title Map

106 OAK ROAD sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 106 OAK 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 106 OAK 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 106 OAK ROAD?

106 OAK ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 106 on OAK ROAD.