14, CHARD DRIVE, LUTON, LU3 4EN - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 CHARD DRIVE is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £410,546. It was last sold for £225,000 in October 2013, which was around 11% below the average October 2013 detached price in the Luton local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

14 CHARD DRIVE Sold Prices

Land registry data shows two sales for 14 CHARD DRIVE 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. Both of the two 14 CHARD 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
2013 28 OCT	£225,000	£252,838	11% below HPI
2004 13 AUG	£200,000	£230,295	13% below HPI

14 CHARD DRIVE 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 14 CHARD DRIVE sales from August 2004 and October 2013 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 14 CHARD DRIVE be worth now?

14 CHARD DRIVE might now be worth an estimated £410,546.

This is based on house price inflation of 82.5%, between October 2013 and February 2025, for detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.5% inflationary increase is applied to the most recent sale price for 14 CHARD DRIVE of £225,000 on 28th October 2013. For the value to have increased from £225,000 to £410,546 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 CHARD DRIVE has moved in line with the HPI for detached houses in the Luton local authority area.
• The October 2013 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CHARD DRIVE has not materially changed since October 2013.

How Large is 14 CHARD DRIVE?

14 CHARD DRIVE is 58m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 14 CHARD DRIVE lies on this distribution: 2% of detached houses houses are smaller than 14 CHARD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

14 CHARD DRIVE: Plot and Title Map

14 CHARD DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 14 CHARD 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 14 CHARD 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.

Where is 14 CHARD DRIVE?

14 CHARD DRIVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 14 on CHARD DRIVE.