15, CICERO DRIVE, LUTON, LU3 4DA - £340,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 CICERO DRIVE is a small semi-detached house of 86m², built sometime between 1983 and 1990. It was last sold for £340,000 in September 2023, which was around 28% below the average September 2023 detached price in the Luton local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

15 CICERO DRIVE Sold Prices

Land registry data shows four sales for 15 CICERO DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 15 CICERO 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
2023 7 SEP	£340,000	£469,046	28% below HPI
2019 31 MAY	£300,000	£395,091	24% below HPI
2005 5 AUG	£184,000	£234,357	21% below HPI
1998 6 MAR	£82,000	£87,489	6% below HPI

15 CICERO 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 four 15 CICERO DRIVE sales between March 1998 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 May 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 15 CICERO DRIVE?

15 CICERO DRIVE is 86m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 15 CICERO DRIVE lies on this distribution: 21% of detached houses are smaller than 15 CICERO DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 CICERO DRIVE: Plot and Title Map

15 CICERO DRIVE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 15 CICERO 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 15 CICERO 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 15 CICERO DRIVE?

15 CICERO DRIVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 15 on CICERO DRIVE.