12, LETCHWORTH ROAD, LUTON, LU3 2NU - £266,000

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

12 LETCHWORTH ROAD is a very large extended detached house of 149m², built sometime between 1930 and 1949. It was last sold for £266,000 in January 2012, which was around 8% above the average January 2012 detached price in the Luton local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was E.

12 LETCHWORTH ROAD Sold Prices

Land registry data shows three sales for 12 LETCHWORTH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Two of the three 12 LETCHWORTH ROAD sales were for above the average price, whilst one was 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
2012 31 JAN	£266,000	£246,663	8% above HPI
1998 3 APR	£99,950	£87,632	14% above HPI
1996 28 NOV	£46,000	£75,344	39% below HPI

12 LETCHWORTH 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 three 12 LETCHWORTH ROAD sales between November 1996 and January 2012 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 1998 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2012 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 12 LETCHWORTH ROAD?

12 LETCHWORTH ROAD is 149m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 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 12 LETCHWORTH ROAD lies on this distribution: 84% of detached houses are smaller than 12 LETCHWORTH ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Luton.

12 LETCHWORTH ROAD: Plot and Title Map

12 LETCHWORTH ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 12 LETCHWORTH 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 12 LETCHWORTH 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 12 LETCHWORTH ROAD?

12 LETCHWORTH ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 12 on LETCHWORTH ROAD.