14, MARKHAM ROAD, LUTON, LU3 2BS - £335,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 MARKHAM ROAD is a small extended semi-detached house of 97m², built sometime between 1930 and 1949. It was last sold for £335,000 in November 2020, which was around 22% above the average November 2020 semi-detached price in the Luton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

14 MARKHAM ROAD Sold Prices

Land registry data shows three sales for 14 MARKHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Two of the three 14 MARKHAM ROAD sales were for above the average price, whilst one was 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
2020 27 NOV	£335,000	£274,361	22% above HPI
2013 1 FEB	£187,000	£167,231	12% above HPI
1997 29 AUG	£48,500	£53,948	10% below HPI

14 MARKHAM ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The three 14 MARKHAM ROAD sales between August 1997 and November 2020 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 February 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 14 MARKHAM ROAD be worth now?

14 MARKHAM ROAD might now be worth an estimated £398,162.

This is based on house price inflation of 18.9%, between November 2020 and December 2024, for semi-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 18.9% inflationary increase is applied to the most recent sale price for 14 MARKHAM ROAD of £335,000 on 27th November 2020. For the value to have increased from £335,000 to £398,162 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 14 MARKHAM ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The November 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MARKHAM ROAD has not materially changed since November 2020.

How Large is 14 MARKHAM ROAD?

14 MARKHAM ROAD is 97m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 14 MARKHAM ROAD lies on this distribution: 35% of semi-detached houses houses are smaller than 14 MARKHAM ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Luton.

14 MARKHAM ROAD: Plot and Title Map

14 MARKHAM ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 14 MARKHAM 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 14 MARKHAM 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 14 MARKHAM ROAD?

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