127, STANFORD ROAD, LUTON, LU2 0PZ - £335,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

127 STANFORD ROAD is a midsized extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £335,000 in March 2016, which was around 5% below the average March 2016 detached price in the Luton local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

127 STANFORD ROAD Sold Prices

Land registry data shows five sales for 127 STANFORD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the five 127 STANFORD 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
2016 11 MAR	£335,000	£354,468	5% below HPI
2012 3 AUG	£240,000	£242,890	1% below HPI
2005 20 MAY	£205,000	£232,835	12% below HPI
2001 2 FEB	£125,500	£137,249	9% below HPI
2000 18 AUG	£87,000	£131,401	34% below HPI

127 STANFORD 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 five 127 STANFORD ROAD sales between August 2000 and March 2016 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 August 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 127 STANFORD ROAD?

127 STANFORD ROAD is 101m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 127 STANFORD ROAD lies on this distribution: 41% of detached houses are smaller than 127 STANFORD ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Luton.

127 STANFORD ROAD: Plot and Title Map

127 STANFORD ROAD sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 127 STANFORD 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 127 STANFORD 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 127 STANFORD ROAD?

127 STANFORD ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 127 on STANFORD ROAD.