117, CAMBRIDGE STREET, LUTON, LU1 3QT - £205,000

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.

117 CAMBRIDGE STREET is a very small extended semi-detached house of 64m², built sometime before 1900, which could now be worth an estimated £240,515. It was last sold for £205,000 in November 2020, which was around 25% below the average November 2020 semi-detached price in the Luton local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

117 CAMBRIDGE STREET Sold Prices

Land registry data shows two sales for 117 CAMBRIDGE STREET 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 117 CAMBRIDGE STREET 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 20 NOV	£205,000	£274,361	25% below HPI
2008 23 DEC	£90,000	£154,340	42% below HPI

117 CAMBRIDGE STREET 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 117 CAMBRIDGE STREET sales from December 2008 and November 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 December 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 117 CAMBRIDGE STREET be worth now?

117 CAMBRIDGE STREET might now be worth an estimated £240,515.

This is based on house price inflation of 17.3%, between November 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 17.3% inflationary increase is applied to the most recent sale price for 117 CAMBRIDGE STREET of £205,000 on 20th November 2020. For the value to have increased from £205,000 to £240,515 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 117 CAMBRIDGE STREET has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The November 2020 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 117 CAMBRIDGE STREET has not materially changed since November 2020.

How Large is 117 CAMBRIDGE STREET?

117 CAMBRIDGE STREET is 64m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 117 CAMBRIDGE STREET lies on this distribution: 3% of semi-detached houses houses are smaller than 117 CAMBRIDGE STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Luton.

117 CAMBRIDGE STREET: Plot and Title Map

117 CAMBRIDGE STREET sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 117 CAMBRIDGE STREET, 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 117 CAMBRIDGE STREET). 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 117 CAMBRIDGE STREET?

117 CAMBRIDGE STREET is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 117 on CAMBRIDGE STREET.