116, ROCHFORD DRIVE, LUTON, LU2 8SU - £190,000

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.

116 ROCHFORD DRIVE is a very small semi-detached house of 44m², built sometime between 1983 and 1990, which could now be worth an estimated £230,863. It was last sold for £190,000 in September 2020, which was around 28% below the average September 2020 semi-detached price in the Luton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

116 ROCHFORD DRIVE Sold Prices

Land registry data shows three sales for 116 ROCHFORD DRIVE 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 116 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
2020 16 SEP	£190,000	£264,917	28% below HPI
2019 30 APR	£185,000	£269,633	31% below HPI
2001 30 MAR	£60,000	£86,103	30% below HPI

116 ROCHFORD DRIVE 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 116 ROCHFORD DRIVE sales between March 2001 and September 2020 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 April 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 116 ROCHFORD DRIVE be worth now?

116 ROCHFORD DRIVE might now be worth an estimated £230,863.

This is based on house price inflation of 21.5%, between September 2020 and February 2025, 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 21.5% inflationary increase is applied to the most recent sale price for 116 ROCHFORD DRIVE of £190,000 on 16th September 2020. For the value to have increased from £190,000 to £230,863 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 116 ROCHFORD DRIVE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The September 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 116 ROCHFORD DRIVE has not materially changed since September 2020.

How Large is 116 ROCHFORD DRIVE?

116 ROCHFORD DRIVE is 44m² according to the EPC inspection conducted in November 2018. 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 116 ROCHFORD DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 116 ROCHFORD DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

116 ROCHFORD DRIVE: Plot and Title Map

116 ROCHFORD DRIVE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 116 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 116 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 116 ROCHFORD DRIVE?

116 ROCHFORD DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 116 on ROCHFORD DRIVE.