12A, LUTON ROAD, WILSTEAD, BEDFORD, MK45 3HD - £517,000

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

12A LUTON ROAD is a large extended detached house of 153m², built sometime between 1976 and 1982. It was last sold for £517,000 in September 2023, which was around 6% below the average September 2023 detached price in the Bedford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

12A LUTON ROAD Sold Prices

Land registry data shows five sales for 12A LUTON 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 Bedford local authority area for the corresponding sale date. The five 12A LUTON ROAD sales were a mix of below the average price, roughly equal to the average price, and above 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
2023 15 SEP	£517,000	£550,849	6% below HPI
2018 6 SEP	£480,000	£474,827	1% above HPI
2018 8 JUN	£470,000	£469,147	Close to HPI
2012 18 MAY	£326,000	£300,748	8% above HPI
1995 3 FEB	£74,500	£95,717	22% below HPI

12A LUTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The five 12A LUTON ROAD sales between February 1995 and September 2023 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 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12A LUTON ROAD?

12A LUTON ROAD is 153m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Wilstead, based on EPC data. The below chart shows the distribution of detached houses by size in Wilstead, and where 12A LUTON ROAD lies on this distribution: 69% of detached houses are smaller than 12A LUTON ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Wilstead.

12A LUTON ROAD: Plot and Title Map

12A LUTON ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 12A LUTON 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 12A LUTON 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 12A LUTON ROAD?

12A LUTON ROAD is located in WILSTEAD, in the MK45 postcode district. The below map shows the position of No. 12A on LUTON ROAD.