115, ROCHFORD DRIVE, LUTON, LU2 8ST - £320,000

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

115 ROCHFORD DRIVE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £320,000 in October 2018, which was around 21% below the average October 2018 detached price in the Luton local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

115 ROCHFORD DRIVE Sold Prices

Land registry data shows five sales for 115 ROCHFORD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the five 115 ROCHFORD 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
2018 9 OCT	£320,000	£406,442	21% below HPI
2014 12 SEP	£240,500	£278,786	14% below HPI
2014 29 AUG	£230,000	£277,446	17% below HPI
2007 18 JAN	£215,000	£246,956	13% below HPI
2003 25 JUL	£172,000	£218,914	21% below HPI

115 ROCHFORD 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 five 115 ROCHFORD DRIVE sales between July 2003 and October 2018 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 September 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 115 ROCHFORD DRIVE?

115 ROCHFORD DRIVE is 64m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 115 ROCHFORD DRIVE lies on this distribution: 3% of detached houses are smaller than 115 ROCHFORD DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Luton.

115 ROCHFORD DRIVE: Plot and Title Map

115 ROCHFORD DRIVE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 115 ROCHFORD 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 115 ROCHFORD 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 115 ROCHFORD DRIVE?

115 ROCHFORD DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 115 on ROCHFORD DRIVE.