119, WHEATFIELD ROAD, LUTON, LU4 0TT - £251,500

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

119 WHEATFIELD ROAD is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £251,500 in June 2018, which was around 37% below the average June 2018 detached price in the Luton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

119 WHEATFIELD ROAD Sold Prices

Land registry data shows two sales for 119 WHEATFIELD ROAD 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. Both of the two 119 WHEATFIELD 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
2018 22 JUN	£251,500	£401,073	37% below HPI
2007 30 MAY	£154,000	£256,327	40% below HPI

119 WHEATFIELD ROAD 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 119 WHEATFIELD ROAD sales from May 2007 and June 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 May 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 119 WHEATFIELD ROAD?

119 WHEATFIELD ROAD is 80m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 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 119 WHEATFIELD ROAD lies on this distribution: 14% of detached houses are smaller than 119 WHEATFIELD ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Luton.

119 WHEATFIELD ROAD: Plot and Title Map

119 WHEATFIELD ROAD sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 119 WHEATFIELD 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 119 WHEATFIELD 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 119 WHEATFIELD ROAD?

119 WHEATFIELD ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 119 on WHEATFIELD ROAD.