137, BUTELY ROAD, LUTON, LU4 9EW - £300,000

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

137 BUTELY ROAD is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £300,000 in August 2018, which was around 26% below the average August 2018 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.

137 BUTELY ROAD Sold Prices

Land registry data shows three sales for 137 BUTELY 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. All of the three 137 BUTELY 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
2018 30 AUG	£300,000	£406,977	26% below HPI
2012 17 DEC	£185,000	£244,625	24% below HPI
2007 22 AUG	£192,000	£262,000	27% below HPI

137 BUTELY 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 137 BUTELY ROAD sales between August 2007 and August 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 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 137 BUTELY ROAD?

137 BUTELY ROAD is 78m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 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 137 BUTELY ROAD lies on this distribution: 12% of detached houses are smaller than 137 BUTELY ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Luton.

137 BUTELY ROAD: Plot and Title Map

137 BUTELY ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 137 BUTELY 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 137 BUTELY 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 137 BUTELY ROAD?

137 BUTELY ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 137 on BUTELY ROAD.