12, MARKHAM ROAD, LUTON, LU3 2BS - £245,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 MARKHAM ROAD is a large extended semi-detached house of 136m², built sometime between 1930 and 1949. It was last sold for £245,000 in September 2010, which was about the average September 2010 detached price in the Luton local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

12 MARKHAM ROAD Sold Prices

Land registry data shows two sales for 12 MARKHAM 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. One of the two 12 MARKHAM ROAD sales was roughly equal to the average price, whilst the other 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
2010 9 SEP	£245,000	£244,673	Close to HPI
1996 30 SEP	£56,000	£75,149	25% below HPI

12 MARKHAM 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 12 MARKHAM ROAD sales from September 1996 and September 2010 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 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2010 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 12 MARKHAM ROAD?

12 MARKHAM ROAD is 136m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 30% 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 MARKHAM ROAD lies on this distribution: 78% of detached houses are smaller than 12 MARKHAM ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Luton.

12 MARKHAM ROAD: Plot and Title Map

12 MARKHAM ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 12 MARKHAM 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 MARKHAM 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 MARKHAM ROAD?

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