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
125 BUCKINGHAM DRIVE is a midsized extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £370,000 in October 2018, which was around 9% below the average October 2018 detached price in the Luton local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 125 BUCKINGHAM DRIVE since 1st 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. All of the three 125 BUCKINGHAM 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 |
---|---|---|---|
2018 26 OCT | £370,000 | £406,442 | 9% below HPI |
2011 16 DEC | £207,000 | £245,058 | 16% below HPI |
2005 21 SEP | £205,000 | £236,679 | 13% below HPI |
The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The three 125 BUCKINGHAM DRIVE sales between September 2005 and October 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 December 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
125 BUCKINGHAM DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 125 BUCKINGHAM DRIVE lies on this distribution: 43% of detached houses are smaller than 125 BUCKINGHAM DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Luton.
125 BUCKINGHAM DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 125 BUCKINGHAM 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 125 BUCKINGHAM 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.
125 BUCKINGHAM DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 125 on BUCKINGHAM DRIVE.